Fed Could Be On Hold & Opportunities In Municipal Bonds

The Fed is likely on hold as inflation continues to move lower and there are signs of weakness in the labor market, notes Cooper Howard. He gives an overview of the market and discusses what the Fed could do next. Powell says that uncertainty about the outlook for the economy is unusually elevated. Powell also stated that its “premature” to say the fed achieved a restrictive stance. Howard also mentions that municipal bonds should be an area of opportunity in 2024. Tune in to find out more about the stock market today.