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Fed can start cutting interest rates by end of 2024, IMF managing director says - TL;DR CNBC

Fed can start cutting interest rates by end of 2024, IMF managing director says

Publishing timestamp: 2024-04-11 13:36:39


Summary

IMF managing director believes Federal Reserve could start lowering interest rates by end of year, but warns about risks of keeping rates elevated for too long. U.S. economy shows optimism but global conditions may diverge. Analysts make various stock recommendations.


Sentiment: MIXED

Tickers: GD.SPXXARAITASPY

Keywords: breaking news: investinggeneral dynamics corpraytheon technologies corpstock marketsmarketss&p 500 indexishares u.s. aerospace & defense etfbreaking news: marketsinvestment strategybreaking news: economyunited statesspdr s&p 500 etf trusteconomyspdr s&p aerospace & defense etfbusiness newspriceseconomic events

Source: https://www.cnbc.com/2024/04/11/fed-can-start-cutting-interest-rates-by-end-of-2024-imf-managing-director-says.html


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