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CNBC Daily Open: Will the Fed not cut rates in 2024? - TL;DR CNBC

CNBC Daily Open: Will the Fed not cut rates in 2024?

Publishing timestamp: 2024-03-05 02:30:01


Summary

Asia markets mixed as China sets GDP growth target of "around 5%" for 2024. Gold hits record high as traders bet on Fed cutting interest rates. Some experts skeptical about sustainability of Nikkei's rally. Chief economist predicts Fed will not cut rates this year. Fed Chair Powell's comments on rate cuts to be closely watched.


Sentiment: MIXED

Tickers: SPGIAMZNMETAAAPLAPO.N225.HSI.SPX.IXICMCOSAVENVDAMSFTBTC.CM=.DJI

Keywords: united statesnikkei 225 indexmicrosoft corps&p 500 indexmarketshang seng indexamazon.com inceconomic eventsbitcoin/usd coin metricss&p global incapollo global management incchinapricesdow jones industrial averageapple incworld marketsmoody's corpnasdaq compositemeta platforms incjerome powellnvidia corpbusiness newsspirit airlines incjapan

Source: https://www.cnbc.com/2024/03/05/cnbc-daily-open-will-the-fed-not-cut-rates-in-2024.html


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