Interest-Rate Decision at 2 p.m. EST; Dow Futures $E-mini Dow Jones - main 2406(YMmain)$ MutedThe Fed's decision to stand pat this time around has become the consensus. Can the expectation of rate cuts in 2024 remain stable?TD Securities: Expectations are that there won't be any policy changes, with the Fed likely to maintain the median expectation of three rate cuts this year and announce preliminary details of slowing balance sheet reduction.Bank of America: If the dot plot shows the Fed will cut rates three times in 2024, the bond yield curve will steepen in a bearish trend, and risk appetite sentiment will persist.Citigroup: Powell is expected to reiterate that rate cuts are not far off, with the core PCE forecast for end of 2024 potential
S&P 3-Day Decline: Hold Stocks or Cash for the Holiday?
S&P has fallen for 3 consecutive days. This Friday is Good Friday and then Easter Festival. --------------- Would You Hold Stocks or Hold Cash During the Holiday? What's your target for S&P 500? 5200, 5500, or 6000?
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