Michael Abernathy

The economy needs to see growth in 2024, paving the way for more prosperous times in the years to come. I would adopt a conservative stance on the economy's development though. We do need to see rate cuts, but the cuts need to be measured and slower to ensure we do not see significant bounce back inflation.

Federal Reserve expects to cut interest rates next year, Fed Chair Jerome Powell says The forecast came after the Fed decided to leave interest rates unchanged on Wednesday, extending a pause of its near-historic series of rate hikes.