With 2023 winding down in its final months, investors and the market alike are keeping a watchful eye on the Fed and what regulators may decide for interest rates in 2024.
Exante Data Founder and CEO Jens Nordvig joins Yahoo Finance Live to weigh in on the factors surrounding the extent to which the Fed could cut rates. Nordvig says the magnitude of cuts would be determined by inflation or the likelihood of a recession. Nordvig notes that just stabilizing inflation could allow modest cuts but a recession would prompt far more aggressive easing.
Nordvig states there is a “long way to go” before being able to determine the Fed’s main driving force.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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there will not be a cut any time soon. fake news
Such BS. Tell the truth about consumer debt. Tell the truth that the fed can’t cut nor raise.
I’ve been quite unsure about investing in this current market and at the same time I feel it’s the best time to get started on the market. i was at a seminar and the host spoke about making over $972,000 within 3 Months with a capital of $200,000. I just need creative ideas to afford my retirement.🚀