![Federal Reserve Chair Jerome Powell holds a press conference following the release of the Fed's January interest rate policy decision at the Federal Reserve.](https://abc17news.b-cdn.net/abc17news.com/2024/03/cnn-L19jb21wb25lbnRzL2ltYWdlL2luc3RhbmNlcy9jbHQ4dzBjbjMwMDBtM2I2aDh5bjVnZWtv-L19jb21wb25lbnRzL2FydGljbGUvaW5zdGFuY2VzL2NsdDh2emU2YTAwMWRnYm96YWxzeWI3OHk-375x225.jpg)
The US economy is so strong that there might not be any rate cuts in 2024
By Nicole Goodkind, CNN New York (CNN) — 2024 was supposed to be the year consumers could start breathing again. After more than 20 months of inflation and higher borrowing costs, investors, economists and — eventually — Federal Reserve officials said they expected the economy to soften this year, allowing the central bank to finally
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