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Fastest Four: Interest Rates Are Going Down?
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The Federal Reserve is expected to cut interest rates next week—possibly the first of several moves before Jerome Powell’s term ends. But what does that mean for unemployment, inflation, and the stock market?
In this week’s Fastest 4 Minutes in Finance, Scott Inman breaks down:
- Why unemployment and inflation data are pushing the Fed toward cuts
- How rate cuts could impact businesses, consumers, and recession risk
- The massive amount of cash sitting in money market funds—and what happens if it flows back into stocks
Bottom line: while the Fed may be data driven, your portfolio should be plan driven. Staying invested through volatility is still the best path toward your long-term goals.*
*All investing involves risk and no strategy assures success.
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