A Year Defined by Interest Rate Cuts, Stock Market Boom, and Inflation
By Andrew Moran The Federal Reserve did something it had not done since the onset of the coronavirus pandemic. The head of North America’s largest union of maritime workers threatened to “cripple” the economy by hitting the picket lines. Inflation had a resurgence, then faded, and then resurfaced. It was a busy 2024 for corporate America and the U.S. and world economies.
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