Wednesday, January 10, 2024

Rate cuts in 2024 would be a mistake, believes this market veteran. Find out why

Rate cuts in 2024 would be a mistake, believes this market veteran. Find out why The Federal Reserve has been steadfast in adhering to its 2 percent target for inflation. But, Ritesh Jain of Pinetree Macro believes inflation target in western world will move to 3-4 percent

from Moneycontrol Market Outlook https://ift.tt/OzWXcnr

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S&P 500, Nasdaq end higher on Amazon-OpenAI deal; Fed path forward grows murky

Artificial intelligence deals propelled the S&P 500 and Nasdaq higher on Monday, with Amazon's $38 billion agreement with OpenAI and...