Markets Drop As The FED Reaffirms Higher For Longer Rates; Again…

February 01, 2024 00:11:48
Markets Drop As The FED Reaffirms Higher For Longer Rates; Again…
Digital Finance Analytics (DFA) Blog
Markets Drop As The FED Reaffirms Higher For Longer Rates; Again…

Feb 01 2024 | 00:11:48

/

Show Notes

Markets were disappointed yesterday, as the Federal Reserve held interest rates steady for a fourth straight meeting as expected but more importantly signaled the possibility of a rate cut, but later in the year and pretty much ditched the prospect of a reduction in March, which some optimistic economists were banking on. As a result, Stocks saw their biggest decline on a Federal Reserve day since last March after Jerome Powell said officials want to keep their options open instead of rushing to cut interest rates. “If stock bulls expected a rate cut in March, Powell seems to have closed […]

Other Episodes

Episode 0

November 24, 2019 00:10:09
Episode Cover

OK, Boomer!! [Podcast]

Joe Wilkes and I discuss the Boomers' dilemma. https://www.linkedin.com/in/joe-wilkes-33803818/

Listen

Episode 0

May 03, 2020 00:29:18
Episode Cover

Is The U.S. Vs China True? - With Salvatore Babones [Podcast]

Salvatore Babones, Associate Professor University of Sydney joins me to discuss the question of the China U.S relationship. He suggests it is not what...

Listen

Episode

November 10, 2019 00:14:07
Episode Cover

The Lending Cracks Widen In September [Podcast]

We look at the latest finance data from the ABS. Are the lending trends as strong as many are claiming? https://www.abs.gov.au/ausstats/abs%40.nsf/mediareleasesbyCatalogue/CD780691805A926CCA25839E001987B5?OpenDocument Share this:EmailPrintTwitterFacebookLinkedInReddit

Listen