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Podcast: Time, Talent, Treasure Radio
Episode: Powell's Pivot: Dovish Fed Sees Rate Cuts in '24
Description: For much of 2023, the financial markets had anticipated the Fed would drop rates in 2024. The table below was from October 2023, when market watchers anticipated two rate cuts in 2024. But two weeks later, at its November meeting, Powell said the Fed had no interest in cutting rates anytime soon. Ben Taatjes breaks-down how this affects investors and ways we consider market news.