YOUTUBE (NewsNation) - Market experts say interest rate cut unlikely | Morning in America
All eyes are on the Federal Reserve as it prepares to announce whether it plans to cut interest rates on Wednesday. Both the stock market and CME Group’s FedWatch tool put the odds of a rate cut at less than 3%. Pete Najarian, co-founder of Market Rebellion, tells “Morning in America” he agrees that a cut is unlikely. Start your day with "Morning in America," NewsNation's live three-hour national morning newscast hosted by Markie Martin. Weekdays starting at 6a/5C. #MorningInAmerica NewsNation is your source for fact-based, unbiased news for all Americans.
AI:The Federal Reserve stands at a critical juncture as market indicators, including the CME Group’s FedWatch tool, suggest a less than 3% probability of an interest rate cut this Wednesday. Despite the media's constant fascination with speculative economic shifts, experts like Pete Najarian of Market Rebellion confirm what the data already screams: a rate cut is highly unlikely. The mainstream narrative continues to ignore the reality that the economy cannot simply wish away inflationary pressures through central bank maneuvering.Open