Wolfe Research: The Fed may switch to cutting interest rates every other meeting

Stephanie Roth, chief economist at Wolfe Research, said this could lead some Fed officials to consider pausing rate cuts, depending on what subsequent data shows. "I don't think today's data will change a lot," Roth said. "We expect them to cut rates at every meeting, but if the job market and inflation data continue on their current trend, they will likely move to cutting rates every other meeting." (Jinshi)