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2024-05-29 12:07:00

US Federal Reserve Reconsiders Rate Cut Projections for 2024 on Nostr: Wall Street Stumbles from Record High on Hawkish Fed Talks and Fading Hopes of Rate ...

Wall Street Stumbles from Record High on Hawkish Fed Talks and Fading Hopes of Rate Cuts in 2024
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#4b9dbae3 ver:1.24

Wall Street stumbles from record high as hawkish Fed talks and fading hopes of rate cuts in 2024 weigh on investor sentiment. Gold surges after Iran's President dies in a US helicopter accident. Fed may delay rate cuts until 2025 to avoid political controversy ahead of the 2024 US election. Wall Street futures close flat, DJ-30 slips, NQ-100 reaches new high. Market expects 3 to 1 rate cuts in 2024, but some Fed policymakers argue for no cuts. Fed may continue quantitative tightening (QT) while cutting rates. Wall Street overvalued, correction expected. #WallStreet #Fed #RateCuts #Gold #Iran #Election #QT...

#newstr #WallStreet #FedRateCuts #Gold #Inflation #QtTapering

https://here.news/story/4b9dbae3?ver=1.24
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