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: SPGI, AMZN, META, AAPL, APO, .N225, .HSI, .SPX, .IXIC, MCO, SAVE, NVDA, MSFT, BTC.CM=, .DJI,
Keywords: united states, nikkei 225 index, microsoft corp, s&p 500 index, markets, hang seng index, amazon.com inc, economic events, bitcoin/usd coin metrics, s&p global inc, apollo global management inc, china, prices, dow jones industrial average, apple inc, world markets, moody's corp, nasdaq composite, meta platforms inc, jerome powell, nvidia corp, business news, spirit airlines inc, japan,
Source: https://www.cnbc.com/2024/03/05/cnbc-daily-open-will-the-fed-not-cut-rates-in-2024.html