Discussion on economists' predictions of potential rate cuts in the upcoming year, emphasizing factors like inflation and the Fed's cautious stance on managing it to prevent a scenario like the 1970s.
Don't expect interest rates to drop back to zero. But your floating-rate loan may be a bit less painful by year's end. The Real Deal's Deconstruct chatted with BGO's Chief Economist Ryan Severino about when rate cuts will come, the data that shows a cooling economy and what risks the Federal Reserve runs if it cuts too little, too late.