From Yahoo Finance: 2024-03-29 17:43:44

The stock market may not need rate cuts to keep setting records, according to TS Lombard’s chief US economist. Market pundits have suggested the possibility of no rate cuts this year, but one expert believes markets can still thrive. Traders have lowered their rate-cut expectations from earlier this year. Inflation has increased recently, causing some concern about a potential economic slowdown. The Fed’s actions in response to economic weakness could provide a boost to stocks, known as the “Fed put.” Regardless, the case for a continuing market rally remains strong.



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