With all the earnings this week and PCE this morning wasn’t expecting GDP to be that meaningful, I was wrong. Growth came in much less than expected and inflation came in higher. So not only are we down from 6 rate cuts this year to maybe none.. The Dream of Fed Rate Cuts Is Slipping Away Investors back away from expectations that central bank can reduce rates in coming months
Financial News vs. Noise
Financial News vs. Noise
Financial News vs. Noise
With all the earnings this week and PCE this morning wasn’t expecting GDP to be that meaningful, I was wrong. Growth came in much less than expected and inflation came in higher. So not only are we down from 6 rate cuts this year to maybe none.. The Dream of Fed Rate Cuts Is Slipping Away Investors back away from expectations that central bank can reduce rates in coming months