US economy so strong that there might not be any rate cuts in 2024

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off the table
While the market initially expected six rate cuts this year, starting in March, that’s now off the table.
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(idiom) no longer or not allow to discuss or doing something
pivot
But those expectations of Fed pivot keep getting pushed back.
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(noun) the central or pin on which something turns or balances
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testify
Investors will closely watch Powell for clues about rate cut expectations next week as he testifies to the House Financial Services Committee and the Senate Banking Committee on Wed and Thursday, respectively.
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(verb) prove or show
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