Rate Cut Caution: Fed's Uncertainty Rattles Wall Street

Markets & Money Today | 2 Min News | The Daily News Now! - Un pódcast de The Daily News Now! - Viernes

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Why Wall Street shrugged at the Fed's rate cut: A risk management move or sign of deeper trouble? The Fed cut rates, citing a softening labor market and below-target inflation, but investors are uneasy. Powell offered no promises of future cuts, fueling uncertainty and a rare dissent from within hints at political pressures and potential policy shifts ahead. Get ready for a bumpy ride as markets digest the Fed's cautious outlook. Hosted on Acast. See acast.com/privacy for more information.

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