Federal Reserve Chair Jerome Powell said that the central bank will likely continue with quarter-percentage-point interest rate cuts and is not in a hurry to cut rates quickly. Powell emphasized confidence in ongoing economic growth and consumer spending. The Fed aims to maintain low unemployment and manage inflation towards its 2% target.
3 sectors Vinay Rajani is bullish on for near term
But overall, I feel that at lower level, they will find support and bounce back and resume their uptrend. So, as of now, the strategy
October 1, 2024