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“We need disinflation to continue across 2024 to get down at least below 2.5% in order to give the Fed the room to start making those cuts,” GenTrust principal Matt Kishlansky says.
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What could cause an ‘immaculate correction’ of rates, inflation
The latest reading of the Consumer Price Index (CPI) will be released on Tuesday, giving further insight into how inflation is faring and potentially affect the Federal Reserve’s future interest rate policy decisions. Many investors have been preparing for multiple interest rate cuts from the Fed as it seems likely the Fed will hit its target goal for inflation of 2%.
Source: https://finance.yahoo.com/video/could-cause-immaculate-correction-rates-212536567.html