Reported about 1 month ago
Morningstar's chief US market strategist, David Sekera, shares his insights on the Fed's potential interest rate cuts and market valuations. He suggests that a 50 basis point cut would be concerning, as the market is already expecting a smaller 25 basis point reduction. Sekera estimates GDP will slow down in upcoming quarters, reflecting a cautious approach to the central bank's monetary policy.
Source: YAHOO