Stocks valuations, analysis. Unbiased. Insightful. Property of Wolfteam Ltd., www.wolfteamedge.com If you find the blog useful, LINK TO www.posledovich.blogspot.com Stocks, Bitcoin, Cryptocurrencies, AI, analysis, insights. CLICK ADVERTISEMENTS, SHARE ON SOCIAL NETWORKS! Technology, Bitcoin, AI, company strategy, stocks analysis. Stocks, crypto involve high RISK! Nothing on this blog is meant or should be construed as investment recommendation to buy or sell securities or their derivatives!
In addition to the worsening US labor market the Federal Reserve could have cut the Federal Funds Rate by 0.50 % due to possible political pressure from both parties on the eve of the 2024 US Presidential election in 2024, according to Wolfteam Ltd.'s projections and estimates.
A deep rate cut followed by a string of 0.25 % rate cuts, which could bring the Federal Funds Rate to near 3.00 % seems to be in favor of both the Republicans and Democrats who both want and need a strong US economy.
No comments:
Post a Comment