Market Wrap: May

Mixed economic data throughout May continued to befuddle investors looking to capitalize on near-term interest-rate cuts. The odds for a summertime reduction in the Fed Funds rate appear remote now, and the possibility for no rate cuts in 2024 remains real. The U.S. economy continues to grow, albeit at a more moderate pace, while inflationary [...] The post Market Wrap: May appeared first on ETF Trends .