“Don’t see how Fed can cut rates 3 times in 2024 as they have stated.”
They have never “stated” there would be any cuts in 2024. They have stated they are watching the data and will react to it as needed. Observers and wishers keep putting words in the FED’s mouth that have not been said.
Yesterday Cleveland Fed President. Loretta Mester said,”She still expects 3 rate cuts in 2024.” Close enough for me.