Fed Still Expects Just 1 Rate Cut Next Year
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Just a few weeks ago, the stock market stumbled over fears that artificial intelligence stocks might be in a bubble. Now stocks are back within reach of a record high.
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Fed rate cut could lift jobs or tame prices. Your wallet pays
The Federal Reserve is once again weighing how far and how fast to cut interest rates, and the stakes reach far beyond Wall Street. A lower policy rate can support hiring and growth or help cool stubborn price pressures,
In the last month following the U.S. Federal Reserve’s rate policy meeting, stock markets pulled back from an all-time high. Nasdaq ( QQQ) and S&P 500 ( SPY) ( IVV) fell to levels not seen since September.