Tag: basis point
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New PCE reading supports case for smaller Fed rate cut in November
A fresh reading on inflation Friday keeps the Federal Reserve on track to continue cutting interest rates this fall, likely in 25 basis point...
Why Wall Street is on board with bigger rate cuts in Q4
The bulls are back and investors are chasing the market higher.Last week I wrote about why a 50 basis point interest rate cut could...
The many challenges facing Jay Powell as he tries to pull off a soft landing
Jay Powell argued this week that the Fed is not "behind" as it starts a cycle of interest rate cuts.His main challenge in the...
Investors should be hesitant to dive into stocks after the rate cut, with election uncertainty looming, Fundstrat’s Tom Lee says
Tom Lee has long called for a stock market rally after the Federal Reserve cuts interest rates.But after Wednesday's big 50 basis point cut,...
S&P 500, Dow hit record highs after Fed cuts rates. What it means for your 401(k).
U.S. stocks jumped Thursday following the Federal Reserve’s decision to go big with a 50 basis point cut to interest rates.The Dow Jones Industrial...