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2024
December
13
📰 $NVDA – NVIDIA SHARES DOWN 3.2%
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📰 $NVDA – NVIDIA SHARES DOWN 3.2%
December 13, 2024
Frank
$NVDA – NVIDIA SHARES DOWN 3.2%
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📰 FED OFFICIALS EXPECTED TO PENCIL IN THREE CUTS IN 2025 Fed officials are likely to forecast three interest rate cuts in 2025, Bank of America economists write. Wednesday’s meeting includes an economic projections update. BofA sides with markets, forecasting a 25-basis point cut and a pause in January. The economists expect the Fed to forecast “slightly stronger inflation next year and higher longer run growth.” They add: “Policymakers won’t account for the Trump agenda in their base case, but the balance of risks should give a sense of their assessment of potential policy changes.” Meanwhile, BofA expects November PCE inflation data to “leave us less worried about the recent trajectory of inflation.”
📰 JUST IN – Nancy Pelosi hospitalized in Luxembourg after suffering “an injury.”
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