Federal Reserve could avoid rate cuts as economy outperforms

The February jobs report revealed continuing signs of strength in the economy as inflation seems to cool. Paired with positive GDP results from the fourth quarter of 2023, many on Wall Street, including Deutsche Bank, have raised their GDP forecasts for quarter-over-quarter growth. Yahoo Finance Markets Reporter Josh Schafer joins the Live show to discuss how economic expectations are shifting from the consensus on both labor and GDP, and what this tendency to outperform could mean for Fed rate cuts. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino