10 October 2024
US Market Wrap: Jerome Powell signals Federal Reserve will revert to quarter-point cut in November
Rick Polsinello, Senior Market Strategist, Franklin Templeton Institute weighs in on investors' risk appetite right now on the back of a rise in the NASDAQ, the likely reversion back to the a quarter-point cut come November, latest tailwinds to expect and whether the recent stimulus measures introduced by China will affect market sentiments moving forward.
Presented by: Ryan Huang
Produced & Edited by: Yeo Kai Ting (ykaiting@sph.com.sg)
Assistant Producer: Chua Meng Choon
Photo credits: Al Drago/Bloomberg

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