Bloomberg Quicktake | Will Strong Jobs Data Alter the Fed's Rate Path? | Presented by CME Group @BloombergQuicktake | Uploaded October 2024 | Updated October 2024, 23 hours ago.
The Fed’s 50 basis-point rate cut on Sept. 17, its first cut since 2020, convinced markets the central bank was embarking on a series of fast and decisive cuts. However, the surprise surge in hiring revealed by October's jobs report may have halted those expectations. Will continuing strength across the economy alter the Fed’s rate path? Presented by @cmegroup: cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
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