Fed's Rate Pause Predicted for 2024 as Ed Yardeni Analyzes Latest Jobs Report

In a recent analysis by Ed Yardeni, a prominent economist and the president of Yardeni Research Inc., it has been projected that the Federal Reserve might maintain its current interest rates throughout 2024. This prediction comes in the wake of fresh labor statistics suggesting a resilient U.S. job market. Reports issued on the labor market have shown stability, prompting discussions about whether the Federal Reserve will take a cautious approach when considering future interest rate adjustments.

Continue reading