Oct 24 Inflation is easing so we should see more rate cuts from the Fed

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Market

“Inflation rate hit 3.0% in September, lower than the expected 3.2%, which means the Fed should be looking for that 0.5% rate cut next month” 😊 😋

Markets continued to strengthen on the back of good earnings

Even with inflation low and the job market weakening, dont expect a lot of dramatic rate cuts from the Fed, primarily because of the lack of data from BLS and other government sources. The Fed is known to be data driven, but it has very little data given the government shutdown.

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