SLOWING INFLATION: Investor sentiment took a posi
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Posted On: 12/18/2023 6:39:48 AM
SLOWING INFLATION:
Investor sentiment took a positive turn last week after the Federal Reserve indicated three short-term interest rate cuts are expected in 2024 amid cooling inflation.
“Slowing inflation, low growth expectations, and intact growth momentum is a great combination from a market perspective. We’ve argued time and again that this is a backdrop that is as Goldilocks as it gets,” HSBC chief multi-asset strategist Max Kettner wrote in a Friday note.
Investor sentiment took a positive turn last week after the Federal Reserve indicated three short-term interest rate cuts are expected in 2024 amid cooling inflation.
“Slowing inflation, low growth expectations, and intact growth momentum is a great combination from a market perspective. We’ve argued time and again that this is a backdrop that is as Goldilocks as it gets,” HSBC chief multi-asset strategist Max Kettner wrote in a Friday note.
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