The Weekly Insight

Don't Get Too Excited (About Rate Cuts)

Andrew Dorr

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0:00 | 11:25

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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