Will interest rate cuts ever happen in 2024?

By Mike Switzer

Published June 4, 2024 at 6:30 AM EDT

University of South Carolina research economist Dr. Joey Von Nessen recaps 2023 and tells us what the economic outlook for 2024 is. — Joey Von Nessen, chief economist at the Darla Moore School of Business Division of Research at USC in Columbia, S.C.

Believe it or not, the first half of 2024 is almost in the books, as they say. Time to check in with one of our resident economists to get their take on how it has gone and where we might be heading. Mike Switzer interviews Joey Von Nessen, chief economist at the Darla Moore School of Business Division of Research at USC in Columbia, S.C.

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Mike Switzer

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.

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