Why Interest Rates May Rise Again Sooner Than You Think

Selective focus on US Federal Reserve emblem on hundred dollars banknotegettyRate cuts are finally here. So will we actually hit that vaunted “soft landing” everyone’s been talking about?Well, I’ve got a (contrarian, naturally!) take that I know most people haven’t thought about—especially since last week’s jumbo 50-point rate cut dropped:What if we hit a “no landing” scenario, where the economy ticks along and inflation comes back?I’m bringing up that unpleasant idea because, usually in a rate-hiking cycle ...