SPY - Where Are Interest Rates Going?
2024-02-01 18:05:00 ET
Summary
- The investment community wants the Federal Reserve to lower its policy rate of interest.
- But, the economy is growing well and price inflation seems to be moving toward the Fed's target.
- Furthermore, there is plenty of money around from the previous efforts made by the Fed to protect the economy during the Covid-19 pandemic.
- In addition, the stock market seems ready to advance without further stimulus from the Federal Reserve.
- Investors may find this environment a very productive one.
The investment community would like the Federal Reserve to reduce its policy rate of interest....
Where Are Interest Rates Going?