Kevin O’Leary predicts no rate cuts from the Fed in 2024, advises investors to adjust their strategy
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#f9660aca ver:0.26

Prominent investor Kevin O’Leary predicts no rate cuts from the Fed in 2024, advises investors to adjust strategy. Central banks worldwide grapple with managing inflation and economic uncertainties. Fed aims to control inflation before considering further rate cuts. Housing market resilience contributes to sticky inflation problem. Concerns about stickiness of inflation and potential impact on economy persist. Fed may signal rate cuts if labor hiring weakens and core CPI remains firm. O’Leary advises investors to assume rate cycle will stay the same. Fed's restrictive rates meant to slow growth and bring down inflation. Fed wants to avoid second wave of inflation. #Fed #inflation #economy #investing...

#newstr #FederalReserve #InterestRates #Inflation #KevinO’leary #Investing 

 https://here.news/story/f9660aca?ver=0.26