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Podcast: The Dividend Cafe
Episode: The DC Today - Wednesday, December 13, 2023
Description: Today's Post -https://bahnsen.co/46RNNmw
This may have been the least anticipated Fed Day in nearly two years, with the futures market serving up a 100% chance of no rate change ever since the last Fed meeting. That said, the Fed chair talking after a rate announcement always has the possibility of moving markets. Today, he moved markets. That he didn’t even remotely push back against market expectations for rate cuts next year was a surprise, but the dot plot actually showing three rate cuts in 2024 was a huge surprise. Now, I have been saying it fo...