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 Yen's Volatility Complicates BOJ's Rate Hike Plans, Minutes Show READ MORE Powell's Friday Jackson Hole Address: Decoding the Fed's Next Move READ MORE Investors Shift Focus from Fed Cuts to China's Economic Challenges READ MORE Defying Conventional Thinking: Gold Gains Against Rising Rates and a Robust Dollar READ MORE Report: Singapore Positioned to Emerge as Major Global Gold Hub READ MORE Add a Comment Cancel replyYour email address will not be published.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