Fed cuts rates, but Powell plays the Grinch

What this episode covers

Fed chief Jay Powell said quarter-point cut was close call. (0:17) Dot plot sees fewer cuts and higher inflation in 2025. (1:14) Stocks plunge as yields, dollar rally. (2:48)Show Notes25 top picks for 2025Merck enters obesity drug race in pact with Chinese pharma HansohFind out more about Seeking Alpha's Virtual Analyst Reports here.

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Frequently Asked Questions

How long is this episode of Wall Street Breakfast?

This episode is 7 minutes long.

When was this Wall Street Breakfast episode published?

This episode was published on December 18, 2024.

What is this episode about?

Fed chief Jay Powell said quarter-point cut was close call. (0:17) Dot plot sees fewer cuts and higher inflation in 2025. (1:14) Stocks plunge as yields, dollar rally. (2:48)Show Notes25 top picks for 2025Merck enters obesity drug race in pact with...

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