The Globe and Mail reports in its Thursday, Jan. 25, edition that a strong U.S. economy and pushback from central bank officials are leading some investors to rethink their bets on how quickly the Federal Reserve will cut rates this year. A Reuters dispatch to The Globe reports that expectations are for the Fed to ease monetary policy in 2024 after its most aggressive tightening cycle in decades an explosive rally in stocks and bonds in the final months of last year, boosting the S&P 500 to an annual gain of more than 24 per cent. Investors still believe rate cuts are coming, but some have started to question when the Fed will begin lowering borrowing costs and how quickly it will move. While the S&P 500 has notched a fresh record high this month, Treasuries have pared some of their gains and the dollar has perked back up as a result. Comments following the Fed's Jan. 30 and 31 policy meeting next week could shed more light on how the Fed views the recent strength in the economy and its timing for rate cuts. A dovish pivot at the Fed's monetary policy meeting in December bolstered investor hopes that its tightening cycle was over and rate cuts were approaching.