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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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...