After a post-election boom, stocks pulled back at the end of last week as the pace of further Fed rate cuts came into question following a speech from Chairman Jerome Powell.

Fox Business correspondent Gerri Willis speaks to Slatestone Wealth Chief Strategist and Managing Partner Kenny Polcari about if the post-election stock surge was warranted and why investors must now read into the economic data over rate cut forecasts.

Photo Credit: AP
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The Fox News Rundown

FOX News Radio

Business Rundown: Market Pullback After Rate Cut Uncertainty

NOV 18, 202412 MIN
The Fox News Rundown

Business Rundown: Market Pullback After Rate Cut Uncertainty

NOV 18, 202412 MIN

Description

After a post-election boom, stocks pulled back at the end of last week as the pace of further Fed rate cuts came into question following a speech from Chairman Jerome Powell.


Fox Business correspondent Gerri Willis speaks to Slatestone Wealth Chief Strategist and Managing Partner Kenny Polcari about if the post-election stock surge was warranted and why investors must now read into the economic data over rate cut forecasts.


Photo Credit: AP

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