Sam Stovall, chief investment strategist at CFRA Research, joined Cheddar News to assess the state of the economy after stocks closed higher on Thursday following news of the House passing measures to raise the debt ceiling.

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Be Prepared for No Rate Cuts in 2024
With stubborn inflation sticking at about 2.8%, there’s a chance that the Fed won’t cut rates this year. That might be the smarter choice in the long run.
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