I think the FED will keep current rates on hold. I speculate that they made a bit of noise about a rate reduction to keep most investors from a serious sell-off. I speculate also that the FED won’t necessarily drop rates if inflation is below 2%. It seems more investor panic management than any actual intention to cut rates 😖. But who knows, with a recession looming, I predict that rate cuts won’t happen until late in the year, December even 😣☹️😭…
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments