Collins spoke on Tuesday:
Read that post, sound advice from Collins.
More now:
- its going to take some time for inflation to come down
- economic data points to an economy coming into better balance
- Collins says she can see scenarios for both one and two cuts in 2024
Collins doesn't outline the scenarios but I think if the inflation data does improve, come closer to 2% then yes, I can see one rate cut. Maybe December?
The scenario where the Fed cut's twice in '24 is obvious. When pigs fly.