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    TSP Talk Weekly Wrap Up - A Data Dependent Fed

    by
    TommyIV
    , 03-24-2024 at 10:26 AM (TommyIV's TSP Talk Blog)


    The Federal Open Market Committee (FOMC) did not cut rates this week, but the stock market reacted as though they did. Stocks rallied off the FOMC policy statement, their summary of economic projections, and Fed Chairman Jerome Powell’s subsequent press conference.
    Their main message was that they are data dependent and prepared to keep rates higher for longer but still see three cuts by the end of 2024 as a possibility. The market seemed to only focus on that last part.     ...
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    TSP Talk Weekly Wrap Ups
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