The Federal Reserve has officially kicked off its rate-easing cycle as it initiated its first interest rate cut in four years at its September meeting. Eric ...
The Federal Reserve has officially kicked off its rate-easing cycle as it initiated its first interest rate cut in four years at its September meeting. Eric Rosengren , the former president of the Federal Reserve Bank of Boston, joins Market Domination to discuss the move and the economic outlook as rates continue to ease.
And that is the payroll employment has been coming in a little bit weaker uh with particularly the revision of the last payroll employment number was 100 and 42,000.And I think what that made clear to uh many people on the committee was that they needed to start pivoting from being primarily concerned about inflation and being a little bit more concerned that they didn't allow the labor market to slow down too much.
So the summary of economic projections, as you highlight uh, they forecast a number of variables including the fed funds rate.Uh, that would be equivalent of getting two more 25 basis point cuts and then another 100 basis points over the course of next year, which would get the fed funds rate down to 3.4%.The committee itself thinks that it's going to continue to lower another 50 basis points in 2026 to get down to 2.9%.
Uh If I'm right and the terminal rate would be around 3.4% that applies another hun 100 and 50 basis points over the next year and a quarter.Um, and, and been a part of these discussions, I'm gonna ask a version of, of what Josh asked one of our guests earlier, which is how much sort of market conditions, but more market conditions, sort of market chatter, what the market quote unquote wants.
RENO, Nev. — U.S. land managers said Thursday they've completed a final environmental review of a proposed Nevada lithium mine that would supply minerals critical to electric vehicles and a clean energy future while still protecting an endangered wildflower.NEW YORK, September 19, 2024--Politan Capital Management , a 9% shareholder of Masimo Corporation , today commented on the outcome of the Company’s Annual Meeting of Stockholders .
Hartsville, Sept. 19, 2024 -- Hartsville, South Carolina - Hogge Precision Parts Co, Inc. is celebrating their 35th anniversary by announcing the expansion of its manufacturing capabilities with the addition of two new CNC machines. These machines are set to improve production efficiency and precision, catering to the growing demand for high-quality machined parts. The new CNC equipment will enable Hogge Precision to offer a wider range of services to clients.
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