The Fed does not usually surprise us; this time they did!

Today on Financial Revelations David reviews yesterdays Federal Reserve meeting and discusses "what was" and "what is".

What Was:

• 1 to 2 more rate hikes
• Higher for longer, not there yet
• We need to fight inflation

What Is:

• Stopping rate hikes
• Cuts next year
• Why make changes now?
  • They see something we don't

 

We will be back January 2024 so to everyone: Have a Merry Christmas and Happy New Year!

 

As always you can listen to David every Thursday on WCRF Cleveland 103.3 from 8AM - 9AM or on the Moody Radio App.

Email your financial questions to: [email protected]

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