On November 7, the Fed cut rates for the second time in this rate cut cycle, lowering the Fed Funds rate 25bp to 4.75% (chart below, darker red line). Fed Funds rate is well above “neutral ...
The US indices all look as if they are trying to build up the momentum in this overall trend, as the market deals with the earnings season, but also the interest rate situation in the US. All things ...
U.S. stocks could open on a tentative note on Thursday after the averages scaled record highs last week. Futures of all three ...
Thursday’s rate cut comes after the Fed cut interest rates for the first time in four years back in September, a positive sign the central bank is confident it has inflation under control.