Fed has made clear very well already. If inflation rate never dropped below 3%, interest rate will remain clearly on track not to be reduced in the near term.
In my view, the earliest sign of rate cut is in September 2024. Else, it will happen next year in 2025 already.
When I invest, I look for longer term view instead of short term focus. Whether interest rates go up or down, the most important point is whether the companies I am investing in are making money.
I will always stay invested for the longer term
Happy investing
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- ScottGonzales·05-07💰LikeReport