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Possibly no rate cuts in 2024???

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AndySoCal
Valued Contributor

Possibly no rate cuts in 2024???

Here is one federal reserve govenor's opinion.

 

https://www.msn.com/en-us/money/markets/fed-s-kashkari-says-he-expects-two-rate-cuts-this-year-but-i... 

 

Vanguard economist with a similiar opinion

 

https://www.nbcnewyork.com/news/business/money-report/top-u-s-asset-manager-vanguard-doesnt-believe-... 

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CorpCrMgr1
Valued Contributor

Re: Possibly no rate cuts in 2024???

No cuts will surprise me. Thank you for sharing!

Message 2 of 9
keekers
Established Contributor

Re: Possibly no rate cuts in 2024???

I was figuring a cut on the back end of the year; guess I may need to keep my T-bill ladder rolling a bit longer.


Message 3 of 9
AndySoCal
Valued Contributor

Re: Possibly no rate cuts in 2024???

@keekers I would not stop using the ladder. I wold consider lengthing the maturities. Do what you can to preserve the higher rates now if and when the Fed decides to lower rates.

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Message 4 of 9
keekers
Established Contributor

Re: Possibly no rate cuts in 2024???


@AndySoCal wrote:

@keekers I would not stop using the ladder. I wold consider lengthing the maturities. Do what you can to preserve the higher rates now if and when the Fed decides to lower rates.


 I'd agree but this is for my short term "cash reserves"; I'm only using 13 week T bills for the rolling ladder to preserve liquidity and earn a bit more than the yield on a MMF.  The $ for longer term is already part of my overall portfolio in equities.



Message 5 of 9
TrapLine
Contributor

Re: Possibly no rate cuts in 2024???

Before reading your information I was going to say: "don't throw the baby out with the bath water" ... but now? Yeah!

Message 6 of 9
AndySoCal
Valued Contributor

Re: Possibly no rate cuts in 2024???

@CorpCrMgr1 @keekers @TrapLine  I have included you due to your repsonse(s) to the original post. Here is another article on the same subject. There is another one by The Economist that is behind a paywall.  The link below is another article along the same line

 

https://www.nasdaq.com/articles/the-case-for-no-rate-cuts-this-year 

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Message 7 of 9
keekers
Established Contributor

Re: Possibly no rate cuts in 2024???

Thanks @AndySoCal


Message 8 of 9
CorpCrMgr1
Valued Contributor

Re: Possibly no rate cuts in 2024???

@AndySoCal  Thank you for sharing!

Message 9 of 9
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