Traders Bet on Fed Emergency Rate Cuts, but Officials Need More to React
www.nytimes.com
The Federal Reserve cuts rates outside of scheduled meetings only in extreme cases. But job market weakening could make for bigger rate cuts in time.
  • andrewta@lemmy.world
    61·
    3 months ago

    I moved my 401k into a money market account back about July 13. I could see this coming. I’d have taken a bath by now. I figure I’ll jump back in around a few weeks from now. Could I be wrong and it goes down further? Yeah. Could it rebound tomorrow, and i miss on gains? Yeah. But just gotta guess and hope you guess right. So far I guessed right.