The Federal Reserve Signals Interest Rate Cuts in 2024. History Says the Stock Market Will Do This Next.
The Motley Fool
JANUARY 8, 2024
The Federal Reserve is charged with promoting maximum employment and price stability. To achieve those goals, it uses certain monetary policy tools to push the federal funds rate higher or lower. For context, the federal funds rate is a benchmark interest rate that influences other rates across the economy, including credit cards, personal loans, and mortgages.
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