August 2024 Monthly Market Wrap

Economic Overview As the Federal Reserve prepares to cut short-term interest rates for the first time in four and a half years, the U.S. economy remains remarkably strong, with continued low unemployment, decent GDP growth and moderating inflation. Fed Chair Powell’s comments at the August Jackson Hole confab all but guaranteed a 25 basis point [...] The post August 2024 Monthly Market Wrap appeared first on ETF Trends .