Hincks: FOMC's Economic Projections More Important than Today's Rate Cut
Schwab Network · Schwab Network
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Show Notes
Today's session is all about the Fed. Kevin Hincks catches investors up to speed on the near-certain 25bps interest rate cut the FOMC is expected to announce in the afternoon. However, Kevin makes the case that the Fed's economic projections and future rate cuts will be more critical for investors. He later touches on the rise in weekly mortgage applications.
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