Twitter

Link your Twitter Account to Market Wire News


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.


home / news releases / MAGS - Why The Fed's Picking Up Speed Toward Rate Cuts

MAGS - Why The Fed's Picking Up Speed Toward Rate Cuts

Magal Security Sys

2024-07-16 10:40:00 ET

Summary

  • Improving news on the inflation front will likely spur the Fed to kick off rate cuts earlier than we previously projected.
  • Inflation’s cooling late last year encouraged the market to price in as many as six rate cuts this year.
  • With inflation sliding, we believe that the Fed will soon have the confidence it needs to start cutting rates.

By Eric Winograd

Earlier interest rate cuts would come as good news for the US economy. ...

For further details see:

Why The Fed's Picking Up Speed Toward Rate Cuts
Stock Information
Company Name: Magal Security Sys
Stock Symbol: MAGS
Market: NASDAQ
Menu
MAGS MAGS Quote MAGS Short MAGS News MAGS Articles MAGS Message Board
Get MAGS Alerts

News, Short Squeeze, Breakout and More Instantly...