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Economic Commentary: Softening Labor Market Could Lead to Interest Rate Cuts Earlier Than Expected

July 19, 20244 Mins read939
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Pohlad Companies, Federal Reserve, Federal Open Market Committee, Consumer Price Index, Northmarq, Marquette Asset Management, Marquette Financial Companies, Apocalypse Corporation, Alabama Investment Managers, Stanford University, Palo Alto, University of Kansas, Dixon Group, The Dixon Foundation of Birmingham, Jeremiah Program, St. Patrick’s Church, Edina, Cystic Fibrosis Society of Minnesota, Juvenile Diabetes Foundation
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By John Beuerlein, Chief Economist at the Pohlad Companies At the midpoint of the year, the economy has clearly slowed from the faster pace seen in the second half of 2023. Elevated first quarter 2024 inflation concerns have eased, with more benign readings in the second quarter. The labor market is cooling as evidenced by a […]

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