EPISODE · Nov 18, 2024 · 12 MIN
Business Rundown: Market Pullback After Rate Cut Uncertainty
from The Fox News Rundown · host FOX News Radio
After a post-election boom, stocks pulled back at the end of last week as the pace of further Fed rate cuts came into question following a speech from Chairman Jerome Powell. Fox Business correspondent Gerri Willis speaks to Slatestone Wealth Chief Strategist and Managing Partner Kenny Polcari about if the post-election stock surge was warranted and why investors must now read into the economic data over rate cut forecasts. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices
What this episode covers
After a post-election boom, stocks pulled back at the end of last week as the pace of further Fed rate cuts came into question following a speech from Chairman Jerome Powell. Fox Business correspondent Gerri Willis speaks to Slatestone Wealth Chief Strategist and Managing Partner Kenny Polcari about if the post-election stock surge was warranted and why investors must now read into the economic data over rate cut forecasts. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Business Rundown: Market Pullback After Rate Cut Uncertainty
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