Versace: How Many Rate Cuts Will the Fed Telegraph?
Description
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/
Follow us on X – / schwabnetwork
Follow us on Facebook – / schwabnetwork
Follow us on LinkedIn - / schwab-network
About Schwab Network - https://schwabnetwork.com/about