TLT - How Stock Markets Will Likely React After FOMC Announcement
2024-04-28 09:00:00 ET
Summary
- Stock markets anticipate no interest rate cuts from the Federal Reserve in their upcoming meeting.
- Fed Chair Jerome Powell will focus on maximum employment and stable prices in his announcement.
- Investors should pay attention to indicators such as inflation rates, employment strength, and consumer spending trends.
- Watch Treasury bond yields at 5% levels after the FOMC meeting.
For weeks, stock markets anticipated that inflation rates were too strong to expect interest rate cuts anytime soon. This view is a sharp reversal from late 2023 when investors expected several interest rate cuts throughout 2024....
How Stock Markets Will Likely React After FOMC Announcement