Labor market may need to weaken for Fed to cut: Economist

, with investors now debating when the central bank will start cutting rates. Santander Chief US Economist Stephen Stanley joins Yahoo Finance to discuss the evolving outlook for Fed rate cuts.before the Fed gains enough confidence to embark on a rate-easing cycle. However, Stanley points out"the good news" is that the Fed can afford to be patient because the economy continues to demonstrate resilience, outperforming expectations.

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Why the Fed is still watching the labor market: Frmr Kansas City Fed Pres.US Equities (^GSPC, ^DJI, ^IXIC) are trading higher on Thursday as the market reacts to the Federal Reserve's updated Summary of Economic Projections. The...
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