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Proceed with Caution on Rate Cuts, Nvidia record numbers and Bank Earnings results 10/15/24

A top Fed official says the central bank should proceed with more caution on rate cuts. Nvidia is closing at a fresh all-time high, its first since late June, as Wall Street gears up for earnings season. Finally, it's a big day for the big banks, with Goldman Sachs, Bank of America, and Citi reporting results today.

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Summary

A top Fed official says the central bank should proceed with more caution on rate cuts. Nvidia is closing at a fresh all-time high, its first since late June, as Wall Street gears up for earnings season. Finally, it's a big day for the big banks, with Goldman Sachs, Bank of America, and Citi reporting results today.

First published

10/15/2024

Genres

business investing

Duration

43 minutes

Parent Podcast

Worldwide Exchange

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Episode Description

A top Fed official says the central bank should proceed with more caution on rate cuts. Nvidia is closing at a fresh all-time high, its first since late June, as Wall Street gears up for earnings season. Finally, it's a big day for the big banks, with Goldman Sachs, Bank of America, and Citi reporting results today.

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