Markets cheer Fed outlook, but the recent rally might complicate things

The Financial Exchange Show - A podcast by The Financial Exchange Network

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Chuck Zodda and Mike Armstrong discuss how markets are responding to the recent comments by Jerome Powell about the future of rate cuts, but could the cheers be coming too soon? The Fed's shrinking balance sheet is worrying a key corner of US financial markets. More mixed comments from the Fed create more confusion. Older Americans are now earning almost as much as younger workers. What Fed rate cuts mean for home buyers in 2024?