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Bloomberg Surveillance

Bloomberg Surveillance: Lara Rhame on 2024 Rate Cuts

Bloomberg Surveillance

Bloomberg

News, Business, Business News, Investing

3.81.2K Ratings

🗓️ 6 February 2024

⏱️ 8 minutes

🧾️ Download transcript

Summary

US Chief Economist at FS Investments Lara Rhame speaks on the prospect of a potential March rate cut and for the rest of 2024

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Transcript

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0:42.8

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0:45.2

Laura Raim, chief U.S. economist at FF's investment saying this,

0:49.1

it is incredible how long it has taken the market to let go of hopes for a March rate cut.

0:53.6

My expectation is that we get two to three rate cuts in the second half of this year.

0:58.5

Lara is calling them surgical rate cuts.

1:01.2

Laura I'm pleased to say, joins us now for more.

1:03.8

Let's get into what's happening in this bond market,

1:05.5

Laura.

1:05.9

We've had a big reassessment of what is happening with the Federal Reserve

1:09.3

and yields have climbed on a two-year on a 10-year

1:11.9

over the last two sessions by double

1:14.1

digits are you surprised by how little we've moved do you expect us to move even

1:19.4

more based on the data we've had so far?

1:21.6

Yeah you know I think it's been a reassessment, but given that we were at 5% as recently as October,

...

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