Hellow guys, Welcome to my website, and you are watching What a rate cut could do for the market's record highs. and this vIdeo is uploaded by Yahoo Finance at 2024-06-28T10:43:21-07:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | What a rate cut could do for the market's record highs |
| Video Uploader | Video From Yahoo Finance |
| Upload Date | This Video Uploaded At 28-06-2024 17:43:21 |
| Video Discription | The core Personal Consumption Expenditures (PCE) index rose 0.1% in May from April, which was in line with expectations and slower than April's 0.3% increase. The index is often referred to as the Federal Reserve's preferred measure of inflation. With numbers pointing toward cooler inflation, the possibility of a rate cut before the year's end may be back on the table. State Street managing director Marvin Loh joins Morning Brief to give insight into the latest inflation data and its implications for Federal Reserve policy moving forward. When asked if rate cuts could still support all-time highs in the stock market, Loh says, "I think it is supportive. I think keeping the Fed in the story from a rate-cutting perspective is powerful. You know, we're coming into earnings season. Those numbers look pretty solid, and really looking at growth expectations around earnings for 2024 as a full year and 2025. It still shows that there's strength within the corporate earnings space." About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance |
| Category | News & Politics |
| Tags | Yahoo Finance | Personal Finance | Money | Investing | Business | Savings | Investment | Stocks | Bonds | FX | Currencies | NYSE | Equities | News | Politics | Market | Markets | Yahoo FInance Premium | Stock market | Federal Reserve | interest rates | stock market highs |
