Regions Wealth's Alan McKnight expects a Fed rate cut in September
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Published 2024-07-24
All Comments (5)
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Is it impossible to see rate cut for July 31 ?!
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The Fed's talk of interest rate cut leaves me pondering what stocks to buy now and when do I sell? I'm unsure how to properly allocate my money to achieve an optimal portfolio in this present economy, my goal is $3m for retirement.
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Been seeing it will be September or November
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Entirely too close the the election and if the FOMC were to cut, they would be rightly seen as partisan. If the incumbent party is ultimately defeated, the FOMC members would be facing career consequences. So again, why would they cut under these circumstances?