Your Daily Brief For December 15th

Your Daily Brief For December 15th

3 months ago1 min

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Your Brief summary

In today’s Daily Brief, we'll look at the Fed's latest interest rate announcement – and the market's reaction to it.

"The Federal Reserve is now anticipating three rate cuts in the next year, and that's resulted in the biggest asset rally on a Fed announcement day for nearly 15 years."

Key takeaways:

  • Investors pounced after the Federal Reserve appeared to be limbering up for quite the rate-cut run in 2024
  • Apple's stock reached a new record high, meaning the titan’s added $1 trillion to its market value this year


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