April 21, 2024

FED to Pause?

Given the banking crises, the direction of the FED, in regards to interest rate hikes, has spun into questionable territory with most of the ‘experts’ expecting the Fed to pause or reverse course. However, should the Fed pause, it is possible that the US economy enters into the incredibly dreaded ‘Stagflation.’ Therefore, several economists expect the Fed to continue course.

However, according to Goldman; “We expect the FOMC to pause at its March meeting this week because of stress in the banking system…. We think Fed officials will therefore share our view that stress in the banking system remains the most immediate concern for now.”

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