Will interest rates drop again this year? [Video]
|Kenny breaks down the latest developments from the Federal Reserve, focusing on key statements from Fed officials Austin Goolsbee, Rafi Bostic, Neel Kashkari, and Christopher Waller. With interest rate cuts looming, Kenny explores how these moves could impact the economy—especially savers and real estate owners—and what it might mean for inflation as it begins to simmer again. He dissects the Fed’s actions and why the central bank might continue cutting rates despite a seemingly resilient economy and stable labor market.
Kenny also offers a detailed look at market trends, from the S&P’s modest gains to the rise in energy and basic materials stocks, with insights on what’s driving market sentiment. He touches on the Middle East’s growing geopolitical tensions, the impact of hurricanes on oil production, and the tug-of-war between rising prices and economic contraction.
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