'Buy Everything!' Says Wall Street As Fed Signals 3 Rate Cuts Are Coming | Axel Merk

Thoughtful Money with Adam Taggart · Dec 14, 2023 · 1h 4m

Yesterday the Federal Reserve Market Committee announced it has chosen to keep the Federal Funds Rate steady for now, but when that changes, a rate cut is much more likely than a rate hike. In fact, the FOMC now expects it's probable it will cut rates three times in 2024. Following the release of this announcement, Fed Chair Jerome Powell held a press conference where he clarified the Fed's thinking. Powell projected a largely positive vibe, pleased that inflation is declining, economic growth is slowing from the frothy levels seen in Q3, and that the labor market is "coming back into…