It’s been a wild few years. High inflation coupled with rapidly rising interest rates shook global markets, but we might be about to turn a corner.
There’s no guarantee the federal funds rate will drop in 2024, so don’t go betting the bank. Although, it looks like we could see lower interest rates as we make our way through the coming year.
This turnaround would be sweet music to investors’ ears. Well, most investors. Lower rates could further boost two “risk-on” growth sectors: technology stocks and cryptocurrencies. And if you want to put yourself in the best possible position to benefit from these conditions, you need to be prepared.
Will interest rates drop in 2024?
You never know exactly what’s going through the minds of those at the Federal Reserve — or any other central bankers around the world.
Until recently,…
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