J.P. Morgan strategists estimate future returns from U.S. stocks will average about 6% over the next decade, well below the 10.8% average return of the past.
The Fed said Wednesday it will hold interest rates steady for the fourth time in a row, keeping them at a 23-year high. Wall Street still expects rate cuts sometime in 2024.
New York (CNN) On Wall Street, interest rate cuts have recently become less a question of if, but rather, when.The shift came last week after<a class="excerpt-read-more" href="https://whdh.com/news/heres-why-the-fed-thinks-it-can-cut-rates-in-2024/">Read More</a>