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Market Brief: Will the Fed Cut Rates in 2024?

Market Brief: Will the Fed Cut Rates in 2024?

Despite relatively positive returns for the first quarter of the year, financial markets are regressing in early April. Higher-than-expected economic data has some investors worried persistently elevated inflation may cause the Federal Reserve (Fed) to delay cutting interest rates until late this year, if at all in 2024. In a new Commerce Trust Market Brief video, Commerce Trust’s Chief Economist and Director of Fixed Income Management, Scott Colbert, examines market performance, the factors contributing to higher inflation throughout areas of the economy, as well as how and when the Fed might respond. 


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