What Do They Know: Goldman, Amex Quietly Cut Rates On Savings Accounts Is The Fed Next? It is not a secret that the biggest market debate of 2024 is when - and even if - the Fed will cut rates: after all, with the US labor force adding hundreds of thousands of illegal immigrants, and core CPI bubbling along at a blistering hot ~4% pace, many - such as Larry Sanders and even Neel Kashkari - are warning that the Fed does not need to cut rates (in fact, a rate hike may be prudent). On... Read this story
