US economy so strong that there might not be any rate cuts in 2024

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сұрақ жауап
off the table
While the market initially expected six rate cuts this year, starting in March, that’s now off the table.
оқуды бастаңыз
(idiom) no longer or not allow to discuss or doing something
pivot
But those expectations of Fed pivot keep getting pushed back.
оқуды бастаңыз
(noun) the central or pin on which something turns or balances
xoay trục
testify
Investors will closely watch Powell for clues about rate cut expectations next week as he testifies to the House Financial Services Committee and the Senate Banking Committee on Wed and Thursday, respectively.
оқуды бастаңыз
(verb) prove or show

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