Stocks Sink as Fed Dashes Hopes For a March Rate Cut, and What Happened to New York Community Bank? 1/31/24

Stocks Sink as Fed Dashes Hopes For a March Rate Cut, and What Happened to New York Community Bank? 1/31/24

  • Af
  • Episode
      1549
  • Published
      1. feb. 2024
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Episode
1549 of 2046
Længde
43M
Sprog
Engelsk
Format
Kategori
Økonomi & Business

Major markets closed near their lows of the day after the central bank signaled it doesn’t currently see evidence that a rate cut is in order at its next meeting. The stage that sets for stocks and how to trade the news. Plus New York Community Bank posted its worst day on record and hit its lowest level in over 20 years. The headlines that sunk the stock, and what it means for the rest of the regional banks.

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