Deere & Company (NYSE:DE) Q2 2024 Earnings Call Transcript insidermonkey.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidermonkey.com Daily Mail and Mail on Sunday newspapers.
The Federal Reserve's Chairman Jerome Powell is planning on slashing benchmark interest rates at a slower pace than expected, as indicated during the 60 Minutes interview with CBS. This revelation caused the equity market rally to take a beat, as the previously expected March rate cuts are now written off. The stronger-than-expected jobs growth last month might keep inflation levels elevated in the near term, hindering the Fed from achieving its 2% inflation growth target in the event of prematu