Mester: Three rate cuts for 2024 is still a reasonable forecast

  • Won’t prejudge meetings but won’t rule out a June cut
  • Three cuts this year is reasonable but is a ‘close call’
  • Election won’t affect Fed considerations, data will determine path
  • Watching oil prices but rise would need to be sustained to be an issue
  • Probability of recession isn’t something that’s worrying me

This article was written by Adam Button at www.forexlive.com. Source