Hawkish Rate Cut Sends Markets Lower

In this commentary the Cetera Investment Management Team discusses the Fed’s hawkish rate cut that pushed both bond and equity markets lower. Their 2025 outlook predictions could be coming to fruition early as the Fed is less of a friend than previously thought. The Fed doesn’t need to cut rates with a moderating economy, strong labor market and inflation higher than 2%. With high valuations, more volatility can be expected.

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