Fed Cuts Rates 25bps, But the Real Shock Is What Comes Next
The Federal Reserve has lowered rates of interest by 25 foundation factors to a goal vary of three.50%–3.75%, delivering the reduce markets overwhelmingly anticipated — however with out providing clear momentum towards additional easing. Today’s choice was non-unanimous, reinforcing the uncertainty that has dominated investor sentiment over the previous week. Guidance Is the Market Focus,…
