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Consumer Discretionary Select Sector SPDR Fund

Fed must cut rates more aggressively due to jobs: Canaccord Tony Dwyer

March 31, 2024 by Oliver Smith
Fed must cut rates more aggressively due to jobs: Canaccord Tony Dwyer

The Federal Reserve may have new incentives in the second quarter to cut rates deeper this year. Canaccord Genuity’s Tony Dwyer thinks a deteriorating jobs market and easing inflation will ultimately push the Fed to act. “I’m not saying that they have to go back to zero, but they have to be more aggressive,” the … Read more

Categories WORLD Tags Alphabet Inc, Amazon.com Inc, Apple Inc, Breaking News: Economy, Breaking News: Investing, Breaking News: Markets, business news, CNBC Magnificent 7 Index, Consumer Discretionary Select Sector SPDR Fund, Consumer prices, COVID-19 pandemic, Earnings, Economy, Federal Reserve Bank, Financial Select Sector SPDR Fund, Health care industry, Health Care Select Sector SPDR Fund, Industrial Select Sector SPDR Fund, Inflation, Interest Rates, Investment strategy, Jerome Powell, Jobs, Layoffs, Markets, Meta Platforms Inc, Microsoft Corp, Monetary policy, NVIDIA Corp, Personal income, Recessions and depressions, Retail investors, Retail sales, S&P 500 Index, Stock markets, Tesla Inc, Treasury bills, Treasury notes, Wall Street Leave a comment

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