🚨 Federal Reserve could surprise with another rate hike in 2024, says Apollo Global Management

According to Apollo Global Management, there is a 40% chance that the Federal Reserve will raise interest rates again next year.

🔍 What's at stake?

Persistent inflation: If prices don't recede as expected, the Fed may be forced to act.

Hot job market: A resilient economy could justify higher rates.

Impact on markets: An unexpected hike would put pressure on stocks, bonds, and possibly cryptocurrencies.

💡 Why does this matter?

The Fed's interest rate policy directly affects financing costs, the value of the dollar, and global capital flows.

🔮 What to expect?

Investors should monitor economic data closely to adjust their strategies. 2024 could be a volatile year for global markets.

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