"Just What the Market Needed:" Bullish Take on Interest Rate Pause
Schwab Network · Schwab Network
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Show Notes
After the FOMC voted to keep interest rates unchanged in January, Christian Salomone says the potential for another rate cut hinges on the labor market taking a stark downturn. That said, recent economic data and comments made by Fed Chair Jerome Powell offer reprieve. Beyond geopolitical tensions, Christian adds that the softening of the U.S. dollar is another macro factor to watch moving forward.
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