The 10-year yield rose above 4% during Wednesday’s session. Kathy Jones discusses this and goes over the major takeaways from the Fed’s FOMC minutes. Some highlights include that rates cuts are likely in 2024, but there is a high level of uncertainty around rate path projections. She goes over what the path ahead for the Fed’s rate policy could be. She also previews the next FOMC meeting which takes place January 30-31st. Tune in to find out more about the stock market today.
Market On Close
03 Jan 2024
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