The Fed kept rates on hold as expected yesterday at between 5.25 to 5.5%. We ask Michele Schneider, Chief Strategist at Market Gauge for her perspectives on what this means for the economy and markets as it appears that the central bank is on track for three rate cuts in 2024.

Image Credit: Shutterstock.com

Produced by: Mike Gong

Presented by: Wong Shou Ning, Shazana Mokhtar, Keith Kam

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Categories:  markets,  economy,  international

Tags:  us federal reserves,  interest rate cut,