Invesco Strategist Predicts Multiple Reductions in 2024 Kristina Hooper, Invesco’s chief global market strategist, believes multiple rate cuts could be possible in 2024. Despite disappointing existing home sales data, Hooper remains optimistic about potential rate cuts in 2024, suggesting the possibility of two or even three cuts. Hooper attributes the current tech sector rotation to anticipation of these rate cuts, which could prevent an economic downturn and lead to re-acceleration, benefiting cyclically sensitive stocks. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Inflation's Persistence Creates Dilemma for Federal Reserve READ MORE Gold Expected to Shine Amid Uncertainty: World Gold Council at BMO Conference READ MORE Rising Delinquencies Among Low-Income U.S. Borrowers Signal Economic Warning READ MORE February Sees First Drop in Consumer Confidence Since November, Signaling Economic Unease READ MORE The Case for the Silver Bull Market READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment