Even with inflation back up to ~2.9%, the expectation is that the Fed will cut rates next week. The main reason is not rising prices but a weakening labor market, with jobless claims at multi-year highs. What everyone really wants to know is when the Fed will cut again later

From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments