Interest rates have soared since the start of 2022, as the Federal Reserve sought to delicately tame inflation without derailing the economy by hiking rates. Since its last interest rate hike in July, it seems the Fed has made solid progress in lowering inflation without hurting the labor market and broader economy. This has spurred many analysts on Wall Street to forecast significant interest rate cuts next year. No matter what the Fed does with monetary policy in 2024, investors should pay close attention, as rates represent a significant input for the broader economy and stock market valuations. It matters for ... (full story)