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Only 1 Rate Cut In 2024? What Does The Latest Fed Guidance Really Mean? | Axel Merk

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Content provided by Adam Taggart | Thoughtful Money. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Adam Taggart | Thoughtful Money or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In its latest guidance released this week, the Federal Reserve is holding interest rates steady for now. The Federal Funds rate will remain unchanged at 5.25% But the Fed did lower its rate cut forecast for 2024 to just 1. And it raised its 2025 rate cut expectations upwards from 3 to 4. It largely did this because its outlook on inflation is notably more optimistic than in previous months. Wall Street certainly liked what it heard, with the S&P jumping over 1% on the news and Treasury yields falling. But does this slightly more optimistic view actually change anything? To find out, we sat down right after Fed Chair Jerome Powell's press conference with Axel Merk to get his real-time assessment. WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com #federalreserve #interestrates #inflation --- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support
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210 episodes

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Manage episode 423400789 series 3548516
Content provided by Adam Taggart | Thoughtful Money. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Adam Taggart | Thoughtful Money or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In its latest guidance released this week, the Federal Reserve is holding interest rates steady for now. The Federal Funds rate will remain unchanged at 5.25% But the Fed did lower its rate cut forecast for 2024 to just 1. And it raised its 2025 rate cut expectations upwards from 3 to 4. It largely did this because its outlook on inflation is notably more optimistic than in previous months. Wall Street certainly liked what it heard, with the S&P jumping over 1% on the news and Treasury yields falling. But does this slightly more optimistic view actually change anything? To find out, we sat down right after Fed Chair Jerome Powell's press conference with Axel Merk to get his real-time assessment. WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com #federalreserve #interestrates #inflation --- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support
  continue reading

210 episodes

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