MSNBC Way Too Early With Jonathan Lemire June 4, 2024 10:41:00
Future interest rate hikes. there's something called the dot projections which is essentially where they forecast the rate. back in september, 4.6 percentage points some analysts say they could go as high as 5 percentage points today. that's something to watch out for. more broadly speaking as you mentioned marketing have been cheering on the fact that the cpi number from lower can lower expectations 7.1% year over year, versus 7.7%. good thing for the fed and markets as well. yesterday, the s&p ended up 12 points firmer. trading not knowing where to go but i guess they'll have a stronger deci...