Expert Forecast: Fed Chair Powell to Delay Rate Cut until After 2024 Election

Monday, 8 July 2024, 16:39

UBS managing director and senior portfolio manager Jason Katz believes that inflation trends point towards a favorable direction. In a recent discussion on 'Varney & Co.', he predicts that Federal Reserve Chair Powell will likely postpone any rate cuts until after the 2024 election, emphasizing the positive trajectory of inflationary indicators. Katz's insights shed light on the potential monetary policy stance of the Federal Reserve under Powell in the coming years.
FoxBusiness
Expert Forecast: Fed Chair Powell to Delay Rate Cut until After 2024 Election

Expert Insights on Inflation Trends

UBS managing director and senior portfolio manager Jason Katz shares that inflation is showing promising signs, moving in a positive trajectory.

Predictions for Federal Reserve Policy

Expectations that Fed Chair Powell will delay rate cuts until after the 2024 election are reinforced by Katz's analysis.

Strategic Monetary Policy Considerations

Katz's forecast provides valuable insights into the potential future moves of the Federal Reserve under Powell's leadership, based on evolving economic indicators.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe