HomeMarketsU.S. Economy'Temper Expectations' on Fed Rate Cuts
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'Temper Expectations' on Fed Rate Cuts

'Temper Expectations' on Fed Rate Cuts

"I don't think we're going to rip higher right now," says Charles Schwab's Nathan Peterson ahead of the 2024 Presidential Election. Nathan examines elevated volatility surrounding the election while also pointing to the importance of the Fed's rate cut cycle. He says weak jobs data in July and August were a catalyst for the Fed's rate cut cycle, but firmer labor market data could alter their path.

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24 Oct 2024

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