Fed has had no rate cut 'opportunity' in 2024: Fmr. Fed Pres.

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Jim Bullard News

The Federal Reserve,Market Domination

Amid the lingering uncertainty surrounding whether the Federal Reserve will cut interest rates, markets are grappling with the question of whether such a...

markets are grappling with the question of whether such a move can even materialize in 2024. Joining Market Domination to shed light on the outlook for the Fed's rate cut prospects is Jim Bullard, the former President of the St. Louis Fed.

Before thinking of adjusting monetary policy here to discuss is James Bullard, former ST Louis fed President, Dean of the School of Business at Purdue University.Um We have been having this discussion a lot about where the FED is, whether they are behind the curve or ahead of the curve here. The most recent inflation report was very encouraging and uh looks like uh you know, if we can get confirmation on that and subsequent inflation reports that the, the committee will be able to move ahead with a rate cut.

So it looks like consumption should be in good shape, uh, going forward even though the headline number for retail sales was a little bit uh soft today, Jim.Uh And usually they've got uh some sort of slow uh reversion to the 2% target. TD may still be discounted, but there other great options to buy right now. Here's a top pick better than TD Bank stock right now. The post 1 Dividend Superstar I’D buy over TD Bank Stock appeared first on The Motley Fool Canada.While Enbridge remains a top investment choice in 2024, this TSX dividend stock is positioned to outpace the Canadian energy giant. The post Before You Buy Enbridge: Here’s a Different Dividend Stock I’d Buy First appeared first on The Motley Fool Canada.

 

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