Will the FRB suggest three 25bp interest rate cuts in 2024?
$Palantir (PLTR.US)$Expectations of surpassing $24 during the year-end rally!
The policy interest rate outlook (median) by FOMC members at the end of 2024 is 4.50-4.75%.![]()
The current rate is 5.25-5.50%. It will be 75bp lower.![]()
In other words, does the FRB's plan to cut interest rates by 25bp three times next year mean?![]()
Each rate cut increases expectations of stock price rises.![]()
With next year's [3 interest rate cuts + inclusion in the S&P500 + 4 good earnings], will Palantir reclaim its all-time high?! ![]()
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らんま丸 : I'm looking forward to next year's interest rate cuts.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")