The Fed has indicated that 3 cuts are coming in 2024. Ben Emons discusses this as the FOMC keeps rates unchanged. He talks about how the Fed said that growth has slowed from a strong 3Q pace. The more oil prices decline, the more rate cuts are priced in, and this is happening across the globe, notes Emons. He highlights that the bond market has taken oil prices as the primary reason to price the Fed reaching 2% within a year. Tune in to find out more about the stock market today.