HomeMarketsU.S. Economy & JobsFed Likes to Shock Market

Fed Likes to Shock Market

“The bottom might be higher than anyone thought” when it comes to cutting rates, says Brian Huckstep. He says the Fed likes to shock the market to get a bigger move and that influenced a 50-basis-point cut. Going forward, Brian expects slower and smaller cuts, and thinks neutral rates could be around 3.5%.

Morning Trade Live

09 Oct 2024

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