One More Fed Rate Cut In 2024

Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management

03-Dec-24 07:00

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With the last FOMC meeting in December, the street is still expecting one more rate cut for 2024. But with a Trump presidency and an uncertain pace of economic growth, what will the pace and quantum of cuts be for 2025? Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management gives us his perspective whilst weighing in on why US markets continue to hit new record highs.

Image Credit: Shutterstock.com

Produced by: Jake Lim

Presented by: Wong Shou Ning, Keith Kam

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Categories: markets, economy, international

Tags: fed rate cut, federal reserve, us, trump presidency,

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