Market Commentary: Better Times May Be Ahead Despite the Market’s Reaction to the Last Fed Meeting of the Year
Carson Wealth
DECEMBER 23, 2024
Investors currently expects policy rates for 2029 to be at 4.05%, which implies investors dont expect any rate cuts beyond 2025. For one thing, PCE inflation is elevated right now because of lagging shelter data and financial services (thanks to portfolio management services inflation driven by higher stock prices).
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