HomeMarketsU.S. Economy & JobsFed Likely to Cut Rates Because of Weak Employment Instead of Raising Due to Interest

Fed Likely to Cut Rates Because of Weak Employment Instead of Raising Due to Interest

The Fed is to announce a slowing pace of QT to $30B from $60B, notes Joe Kalish. He previews the FOMC announcement. He thinks Powell is to reiterate that rate cuts have been pushed out. He highlights that the Fed is more likely to cut rates in response to weak employment than raise rates due to interest. Tune in to find out more about the stock market today.

Futures

01 May 2024

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