The Federal Reserve announced they will be holding interest rates steady. Fed Chair Jerome Powell revealed that potential future rate cuts have been discussed.
Yardeni Research President Ed Yardeni says the Fed’s decision and messaging were “very rationale” and a “correct assessment.” In his view, the Fed’s monetary policy signals the economy is slowing as expected without entering recession territory, while inflation continues on a moderating trajectory.
“All of a sudden the Fed seems to be dovish,” Yardeni exclaims, believing recent commentary points to a pivot to an easing policy stance. With the change in tone, Yardeni now predicts a Fed rate cut is possible as early as March 2024.
“I mean for two years now, it’s like everything is gonna go wrong,” Yardeni tells Yahoo Finance. “And now… everybody’s agreeing that it’s going right, let’s enjoy it for a day.”
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Inflation is coming down is Laying, an untrue statement with intent to deceive. The^Biden^administration^inflated the price of every house in every county in the US for the past 3 years by 60% next year they are going down, decreasing houses prices by 1%.(See Proposed Property Tax for 2024) Well the 59% house price increase by the counties, still there, the Biden administration made inflation still there.
Somethings up??? The FED knows something???
Powell’s just trying to get the last of the retail investors in for a glorious rug pull. Can’t pick a top though, so have some structure before going short. He’s obviously trying to talk interest rates down, my guess would be regional banks, but something has him running scared.
Regional banks?
С 2015 года
Великобритания закрыла путь мне и все