HomeMarketsU.S. Economy25BPS Fed Rate Cut Adds to Market 'Relief Rally'

25BPS Fed Rate Cut Adds to Market 'Relief Rally'

Anne McCabe of Curo Private Wealth breaks down the market's reaction minutes after the Fed announced another 25BPS rate cut. Despite signs of a stronger economy, she says Fed Chair Jerome Powell "did not want to surprise markets." She points to inflation as a long-term headwind if president-elect Donald Trump issues tariffs.

The Watch List

07 Nov 2024

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