HomeMarketsU.S. EconomyBessent Nomination Driver for Market Moves, Ecodata to Determine Fed Rate Cut Pause
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Bessent Nomination Driver for Market Moves, Ecodata to Determine Fed Rate Cut Pause

Bessent Nomination Driver for Market Moves, Ecodata to Determine Fed Rate Cut Pause

Charles Schwab's Collin Martin points to Donald Trump's appointment of Scott Bessent as the catalyst for today's market moves. He discusses how much of it should be warranted with a re-emergence of inflation becoming clearer. Collin looks ahead to whether the Fed will pause rate cuts in December, pointing to this week's ecodata as a preview for what investors can expect.

Market On Close

25 Nov 2024

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