Stocks Sink as Fed Signals Fewer Cuts 12/18/24
Podcast: CNBC's "Fast Money"Published On: Wed Dec 18 2024
Description: Stocks selling off after the Federal Reserve slashed interest rates by a quarter point. Why Powell is indicating less rate cuts in 2025… and what it means for markets. Plus the momentum trades losing a ton of steam late in the day. What it all means for stocks into year-end.Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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