One market strategist doesn't expect the Federal Reserve to cut interest rates in 2024.
The strategist added soaring prices and shipping delays are set to surprise the Fed and markets.
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Tracy Schuchart, chief executive and chief energy and materials strategist at Hightower Resource Advisors, told Fox Business on Monday that she doesn't expect the Fed to cut interest rates at all in 2024.
Persons:
doesn't, —, Tracy Schuchart
Organizations:
Federal Reserve, Shipping, Service, Resource Advisors, Fox Business, Business