Still Room For FED Rate Cuts | Michael Knox, Morgans Chief Economist
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Description
Morgans Chief Economist Michael Knox gives an update on the Fed Funds and the RBA Cash Rate.
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US equity markets retreated overnight, reversing earlier gains as investors digested the latest monetary policy announcements from the Federal Reserve - Dow added +87-points or +0.2%, unwinding an earlier rally of over >500-points. Amazon.com Inc climbed +2.17% after reporting...
Published 05/01/24
Published 05/01/24
Our Model of US GDP says steady growth just below trend. Just where the Fed needs it to keep US Inflation falling.
Check out more from Morgans:
Visit the Morgans website: www.morgans.com.au
Check out our blog: www.morgans.com.au/Blog
On Facebook: www.facebook.com/MorgansAU
On Instagram:...
Published 05/01/24
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