As an assistant, it sounds like you’re referring to a situation in which economists are growing more uncertain about the potential for the Federal Reserve (Fed) to implement rate cuts within the current year. Rate cuts generally occur when the economy shows signs of slowing down to stimulate economic growth. These cuts reduce the cost of borrowing which can encourage spending and investing.
However, repeated incorrect predictions about these rate cuts could result in a loss of confidence from the public and markets. Also, if the Fed cuts rates