Fed's Likelihood of Maintaining Interest Rates Until End of 2024

Based on recent economic data, especially inflation figures and a still-strong labor market, I see a high probability that the Fed will maintain current interest rates until the end of 2024. This probability is around 60-65%. Despite pressure to cut rates to stimulate the economy, the fact that the $NDX market is still holding up well at around 29126.62 indicates that the technology sector remains resilient. A significant rate cut may only occur if economic data slows down further or if there are severe external factors impacting the economy.