The Weekly Insight

Don't Get Too Excited (About Rate Cuts)

Andrew Dorr

We know we’re not breaking any news when we tell you Chairman Powell and the Fed cut rates last week. The long-anticipated cut was received very well by markets which closed the week at all-time highs on Friday. It’s the next logical leap the market has taken – that this is the start of a prolonged period of rate cuts – which may be a bit farfetched.

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