Financial Markets Report For Wednesday, Sept 17
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In this video, Ira Epstein discusses the recent financial market activities, focusing on the Federal Reserve's decision to cut interest rates by a quarter point due to inflation concerns linked to tariffs and a softening labor market. He explains the Fed's dilemma in balancing inflation and employment, predicting further rate cuts into 2026.
Epstein also considers the implications for commodities, expressing a long-term positive outlook on gold despite potential production challenges in silver and copper.
He anticipates upcoming economic data releases, including jobless claims and regional business activity reports, which he believes will influence market movements.
Video Length: 00:10:01
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