Fed Leaves Rates Unchanged As Expected

Image Source: Pexels

They took their GDP estimate up appreciably from 1.5% to 2.1 percent. So they're not even calling for a soft landing, they're calling for a cushy landing. If you are not going into recession and there are rate cuts coming, then the S&P historically has continued to rise. If rate cuts signal that you're actually going into recession, then the markets typically don't like that. 

Video Length: 00:04:49


More By This Author:

Markets Eyeing Fed Policy Meeting Next Week
Fed Policy, Employment Implications, And Debt Implications
How One Tax Credit May Be Fueling Luxury Travel

Disclosure: None.

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with