Monday, September 23, 2024

Getting by With a Little Help From the Fed

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Monday Takeaways: Getting by With a Little Help From the Fed

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Shah Gilani

Shah Gilani
Chief Investment Strategist

"I get by with a little help from my friends..."

The banks were likely singing that 1967 Beatles tune after the Fed's 50-basis point cut last week.

After all, refinancing all our debt just got cheaper.

But here's the thing for the rest of us...

That rate cut is going to take a bit to work its way through the economy.

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Plus... the Fed is now paying attention to the second part of its mandate. Unemployment.

Could the rate cut be too little, too late?

See how it all adds up in your Monday Takeaways.

Click here or on the thumbnail below to watch.

Video - Monday Takeaways
 
WATCH THE VIDEO
(WITH TRANSCRIPT)

Cheers,

Shah

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