HomeMarketsU.S. EconomyWhat Makes December Rate Cut 'Important Inflection Point'

What Makes December Rate Cut 'Important Inflection Point'

Today's Charles Schwab Big Picture panel is all about the Fed. Copper Howard says the Fed is making more speculations around the election outcome than it originally expected, pointing to the FOMC's new inflation outlook as an example. Joe Mazzola says the following sell-off cut into recent strength flexed by the indices. He tells investors to watch interest rate-sensitive areas.

Market On Close

18 Dec 2024

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