Fed cuts rates, but Powell plays the Grinch
Dec 18, 2024•7 min
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Episode description
Fed chief Jay Powell said quarter-point cut was close call. (0:17) Dot plot sees fewer cuts and higher inflation in 2025. (1:14) Stocks plunge as yields, dollar rally. (2:48)
Show Notes
25 top picks for 2025
Merck enters obesity drug race in pact with Chinese pharma Hansoh
Find out more about Seeking Alpha's Virtual Analyst Reports here.
Show Notes
25 top picks for 2025
Merck enters obesity drug race in pact with Chinese pharma Hansoh
Find out more about Seeking Alpha's Virtual Analyst Reports here.
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