Cramer says the Fed's reluctance to cut rates contributed to Thursday's sell-off
Thu Aug 1 , 2024
CNBC’s Jim Cramer examined Thursday’s market action, attributing the day’s brutal sell-off to the Federal Reserve’s decision to hold rates steady instead of making a cut. “To me, today’s terrible action in stocks was a function of the Fed not cutting rates yesterday,” he said. “The slowdown in the economy, […]
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