HomeMarketsFuturesFed Holds Steady, More Hawkish Than Expected

Fed Holds Steady, More Hawkish Than Expected

The Fed is more hawkish than many analysts expected, notes Bob Iaccino. He discusses the release of the Empire State Manufacturing Index. He talks about how the Fed holds rates steady and indicates three cuts coming in 2024. He talks about how the market is expecting rates to drop in 2024, but it might not be as low as we think. He then goes over takeaways from the Fed this week. Tune in to find out more about futures and the stock market today.

Futures

15 Dec 2023

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