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In today's big story, we're looking at why the rate cuts investors have been praying for might not be the godsend they imagined.
But rate cuts won't necessarily be the win markets are hoping for, Business Insider's Jennifer Sor writes.
Still, some interest rate traders are predicting rate cuts coming as soon as this March, according to CME's FedWatch Tool.
Another key piece of the economy facing headwinds complicates the case for rate cuts being a boon for investors.
Persons:
—, I've, we're, Patrick Semansky, Jennifer Sor, CME's, Jennifer, Insider's Dominick Reuter, Miles Goodloe, Domenic, Robert Oszust Jr, Domenic Boresta, Alice Brooks, Jennifer Campbell, Sean Jacobsohn, he's, Jacobsohn, Chelsea Jia Feng, They're, it's, Gen, Bradley Cooper, Ben Affleck, Greta Gerwig, Bill, Bill —, Bill Nye, Science Guy, Manolo Blahnik, Jimi Hendrix, Steve Bannon, Bruce Lee, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan
Organizations:
Service, Tech, Business, Federal Reserve, Fed, UBS, Big Tech, Retail, Walmart, Target, Financial Times, Echo, Khosla Ventures, Science
Locations:
Washington, Miles, Chelsea, New York City, San Diego, London, New York