Smooth ride to rate cuts - August 14, 2024
Manage episode 434206789 series 3367197
The financial markets, which had been on a rollercoaster ride since mid-July, seem to have finally found their footing. Recent days have seen a rally, though they’re still shy of their peak levels for the year. Investors are warming up to the idea of cheaper money on the horizon, thanks to potential rate cuts. Today's CPI data only reinforced their belief.
452 episodes