Facts Vs Feelings Take 5 – Rate Cuts Are Coming

More good news this week: Fed rate cuts are likely forthcoming! Carson Group’s Chief Market Strategist Ryan Detrick and VP, Global Macro Strategist Sonu Varghese share their insights about the latest economic and stock market news.

Highlights include:  

  • Federal Reserve Chair, Jerome Powell, left the door wide open for potential rate cuts yet this year 
  • The Fed is keen on slowing down cooling in the labor market 
  • Stock markets responded strongly to the Fed’s announcements 

 

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Facts Vs Feelings Take 5 – Rate Cuts Are Coming

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