Versace: How Many Rate Cuts Will the Fed Telegraph?

Chris Versace joins Diane King Hall at the NYSE to discuss the Federal Reserve's pending rate decision, which has largely been priced in as at least a 25bps cut. He disagrees with some predictions that upwards of 6 rate cuts could be forecasted by the Fed. Chris chimes in on inflation pressures impacting retailers and consumers right now, and how that factors into the Fed's decision. He adds that there could be a "sell the news" event on today's FOMC decision. Later, Chris discusses several stock picks including: Marvell (MRVL), Dutch Bros (BROS) and Universal Display (OLED).

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7

Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch

Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore

Watch on DistroTV - https://www.distro.tv/live/schwab-network/

About Schwab Network - https://schwabnetwork.com/about

Fler avsnitt av Schwab Network