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Category

😹
Fun
Transcript
00:00Could rate cuts for 2025 be canceled? After a slew of recent data, the markets seem to think so.
00:05As of today, we found out that inflation has risen three months in a row. Meanwhile,
00:09the economy continues to add hundreds of thousands of jobs per month. And these things
00:13combined suggest that the Fed might need to pump the brakes on lowering rates. And this has actually
00:18led Fed Chairman Jerome Powell to say there's no hurry to cut rates. If you look at what the market
00:22thinks is going to happen, expectations are now for just a single rate cut this year. But just a
00:28couple months ago, the expectation was for four rate cuts. So if I were you, I wouldn't be making
00:32any investing or life decisions waiting around for rates to drop. They're probably not going down
00:36that much this year, and they may not go down at all.
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