Stocks (^DJI, ^GSPC, ^IXIC) are falling Monday morning as investors grow concerned that the Federal Reserve may not cut interest rates as soon as expected. Falling inflation and a slowing economy had led some on Wall Street to anticipate rate cuts potentially beginning in March 2024. However, recent comments from Fed officials have dampened hopes for an imminent policy pivot.
Yahoo Finance’s Jennifer Schonberger analyzes the latest outlook from the Fed regarding monetary tightening, examining whether the central bank is likely to reverse course and begin lowering rates within the next year, or if further tightening is still on the agenda.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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Wall Street is crying because people are pulling EVERYTHING out just to afford life🤣
FED: “Let’s burn this mutha down!” 😂
the fact so many people think the cuts are around the corner makes me think they aren’t 🤷🏽♂️
Stop using a 1970’s inflation model. No if they cut rates inflation won’t spike again. Such disconnected fED
😮
Liers / she’s to old / hope she can save us Yellen / how much will be needed / damn shame smh
Nonsense they are talking it down / they don’t want it to get outta control , I’m all in! Let’s Go!!!
The asset bubble as housing, stocks are still be overpriced. There is no cutting rate seen until the unemployment surge or bubbles burst.
People are taking money out of Stock before it change direction.
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