Institutional economists: The conditions for the Federal Reserve to cut interest rates in the coming months are already in place

Economists Stuart Paul and Esther Ou of the institution expressed that the conditions for the Federal Reserve to take interest rate cuts in the coming months are already in place. We expect the Fed to begin lowering its federal funds rate target range in March as it seeks to achieve a soft landing. Setting aside discussions on the Fed's interest rate decision next week, we will obtain more US data. The most important will be Friday's monthly employment report. The job vacancy and consumer confidence data to be released on Tuesday, as well as the quarterly employment cost index to be announced during the Fed meeting on Wednesday, will also help reflect how strong expenditure prospects really are.