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Dow surges after Fed hints at interest rate cuts in 2024

Dow surges after Fed hints at rate of interest cuts in 2024 - CBS Information Watch CBS News Federal Reserve chair Jerome Powell announced Wednesday that interest rates would remain unchanged through the end of 2023 and indicated there could be rate cuts coming next year. Greg McBride, the chief financial analyst at Bankrate, joined …

Dow surges after Fed hints at interest rate cuts in 2024

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Dow surges after Fed hints at rate of interest cuts in 2024 – CBS Information


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Federal Reserve chair Jerome Powell announced Wednesday that interest rates would remain unchanged through the end of 2023 and indicated there could be rate cuts coming next year. Greg McBride, the chief financial analyst at Bankrate, joined CBS News to discuss what could be coming for the economy.

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Topics:
CutsDowFedhintsInterestRateSurges
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