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Rate Cuts? Market Update 3-25-24
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Hey everyone, it's Larry Bailey. This is for the Week of March 18, 2024, in Review:
The Fed held rates steady, as anticipated, with their forecasts showing that three cuts are still expected this year. Plus, February saw positive momentum in home sales and construction. Here are the top stories:
-Fed Still Signals Three Rate Cuts in 2024
-Existing Home Sales Hit Highest Level in a Year
-Home Builders Feeling Positive
-Favorable February for Housing Starts
-Slight Decline in Initial Jobless Claims
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