What interest rate cuts will mean for the economy: Opening Bid

By most indications, the Federal Reserve has engineered a soft landing for the economy. Loosely defined, that is a scenario where the economy is still growing solidly in terms of jobs and wages despite a heavy dose of interest rate hikes from the Fed. Now, many on Wall Street expect the economy to reaccelerate into the year-end and into 2025 as the Fed kicks off a rate-cutting campaign. But are investors being too optimistic about the economy? After all, inflation …