Cetera Investment Management is pleased to release its 2024 Mid-Year Outlook titled, “The Fed’s Pivotal Quarter.” In this outlook, we discuss our predictions for the rest of 2024. Investors have been eagerly awaiting the Fed’s first rate cut to signal the change in monetary policy. While inflation data ran hot in the first quarter, it is now showing signs of easing and we expect this trend to continue for various reasons we discuss in the outlook. This should provide the Fed an opportunity to cut rates as early as September and could provide a boost to stocks that haven’t been part of the artificial intelligence enthusiasm.