Fed's Tightrope: Rate Cuts, Job Jitters, and Market Highs
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Sundays

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Rate Cut Incoming? Inflation and Job Market Data Put the Fed in a Tight Spot! Investors are betting on a rate cut this Wednesday after weak jobs data overshadowed rising inflation. But with consumer prices up and jobless claims hitting a four-year high, the Fed faces a tough call. Will they prioritize jobs over inflation? Despite economic uncertainty, Wall Street's booming, with tech stocks soaring and major indexes hitting record highs. Is this optimism justified, or is a correction on the horizon? Hosted on Acast. See acast.com/privacy for more information.