FastSaying
a pause in rate hikes is a more likely scenario rather than a rate cut.
Michael Niemira
Cut
Likely
Pause
Rate
Scenario
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This is the pause that refreshes. This is not a doomsday scenario.
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It seems more and more the temporary pause in spending in March was just a pause.
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The consensus appears to be a likely pause in June as the Fed assesses the effects of past rate hikes on consumers and the housing sector.
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Holding the rate in December was just a pause.
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It doesn't look like a rate cut is in the cards.
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