What is more important for the Fed, inflation or stock prices?
Is this even a serious question?
Stock price is more important to the fed lol. Thatโs why the best advice you can give anyone is to invest in the stock market. Rich people will let any other negative thing happen long before they would let the market tank.
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u/CoughRock 1d ago
who's making these prediction for rate cut ? didn't jpowell explicitly said he's going to wait and see ?