The Fed is done cutting rates this year as the 'phantom recession' is finally dead, market vet says

The Fed is done cutting rates this year as the 'phantom recession' is finally dead, market vet says

Win McNamee/Getty Images

The Federal Reserve issued its first rate cut in four years just last month, but it might already be done for the rest of 2024, according to market veteran Ed Yardeni.

No comments

Read more