Why the Fed is entertaining rate cut talk: Wall Street Journal's Nick Timiraos discusses

The Federal Reserve’s decision to hold rates steady, didn’t surprise investors. But their Summary of Economic Projections, which signaled three rate cuts next year, did catch a few people off guard. Nick Timiraos, The Wall Street Journal Chief Economics Correspondent joins Yahoo Finance Live to weigh in on the potential timeline for the first rate cut—and what could signal it.
Timiraos explains why Fed Chair Jerome Powell’s tone on rate cuts has shifted. Timiraos makes clear that any rate cuts would be dependent on inflation continuing to decline. “It does seem like they [the FOMC] could be moving ahead the discussions around when to cut rates after [January] if inflation continues to come down,” Timiraos.
#stockmarket #youtube #stocks

About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

– Get the latest news and data at finance.yahoo.com

– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

– Follow Yahoo Finance on social:

X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance

• Breaking News