The Macro Brief – To cut or not to cut?

The dangers of premature monetary easing and the risks associated with interest rate cuts in 2024 are discussed. Historical examples of rate cuts leading to economic overheating and stock market crashes are explored. The strength of the US economy and the housing market, as well as the interplay between monetary and fiscal policies, rising government debt, and the challenges ahead are analyzed. The chapter concludes by discussing the dangers of premature easing and the importance of conservative policy in an uncertain world.