When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
USVM - The Fed's Rate Message Makes The Sidelines Risky
USAA MSCI USA Small Cap Value Momentum Blend Index
2024-02-07 05:45:00 ET
Summary
The Fed poured cold water on a March rate cut, but the underlying message still has rates coming down.
Gross domestic product growth for 2023 was above the long-term rate, which kept inflation somewhat warm.
Even if the economy enjoys a soft landing, the Fed will still be making sizable cuts.
By Eric Winograd
The Fed poured cold water on a March rate cut, but the underlying message still has rates coming down - by a lot. Waiting for the starting point can be risky for investors....