Why you won’t see 8 interest rate cuts from Fed chief Jerome Powell: Opening Bid
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- Опубліковано 27 лип 2024
- FedWatch Advisors founder and Chief Investment Officer Ben Emmons joins Yahoo Finance Executive Editor Brian Sozzi on the latest episode of Opening Bid to discuss the Federal Reserve’s monetary policy as Wall Street awaits its first interest rate cut amid cooling inflation. As the 2024 election lies just four months away, Emmons also breaks down how the differing agendas between President Biden and former President Trump could weigh on the overall health of the economy.
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#fed #interestrates #jeromepowell #yahoofinance
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Coinbase listing Kardden Binance probably in line too
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How many times the word "Dangerous" was used?
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You won't see ANY interest rate cuts anytime soon. Not until inflation rate drops to 2% or below. CPI report is due about now. You can bet your bottom dollar inflation will be nowhere near 2%.
Higher for longer is the new normal. Plan accordingly.
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