The Federal Reserve will likely lower interest rates in September 2024, with a strong possibility of four interest rate cuts, leading to a weaker dollar.
"the market is predicting that the Federal Reserve will lower interest rates in September and it's pricing in four interest rate cuts and a lower interest rate attracts less money to be parked into us treasuries and assets which means a weaker dollar but economists also theorize that a weaker dollar could help with employment but it depends on a lot of factors now if you made it this far into the video here's what I personally think if you watched my video last week before the revision was announced I said exactly that in my video this year we're in an election year so all the numbers that I'm seeing reported by the government I tend to think the real numbers are probably not as good as what I'm seeing and a week later that news came out so yes the US economy is slowing down and every 100 days that passes we add another $1 trillion to the National debt which means we either have to pay down the debt or lower interest rates real soon which I think is what we're going to do now I don't know 100% for sure if interest rates will go down in September but it looks like there's a strong possibility either way looks like it's a really good time to be an investor holding assets"
