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Signe and Michelle discuss how Fed Chair Jerome Powell recently announced at the Jackson Hole meeting that the time has come for the fed funds rate (and thereby interest rates) to come down. We discuss the implications of a potential Fed rate cut in September 2024 on bonds, the stock market, and mortgages!
By Investing Mastermind5
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Signe and Michelle discuss how Fed Chair Jerome Powell recently announced at the Jackson Hole meeting that the time has come for the fed funds rate (and thereby interest rates) to come down. We discuss the implications of a potential Fed rate cut in September 2024 on bonds, the stock market, and mortgages!