Latest / Markets with Megan: A Quick Financial Markets Update
Soaring Holiday Sales and Fed's Possible Rate Cut | Episode 194 | 12-17-24
Can a string of robust retail sales figures foretell the Federal Reserve's next move on interest rates? In this episode, Verdence CIO Megan Horneman recaps November's retail sales report that exceeded expectations for three months in a row. Amidst the holiday shopping frenzy, auto sales and a surge in internet shopping have influenced the retail landscape, while sectors like clothing and department stores lag. This economic snapshot provides insights as the Fed prepares for its pivotal meeting.
Tomorrow’s Federal Reserve meeting could signal the next chapter for interest rates, and Megan…
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