From Yahoo Finance: 2025-03-23 09:30:00

The Federal Reserve signals two more rate cuts this year, easing investor fears of “stagflation” and recession. Chair Jerome Powell’s dovish stance surprised markets, projecting tariff-induced inflation as “transitory” before reaching the 2% target by 2027. Uncertainty persists amid concerns over the labor market and slowing economic growth.

Markets briefly rallied post-Fed decision but slipped the next day. S&P 500 and Dow gained, Nasdaq struggled. Clarity on tariffs or strong catalysts like earnings season or robust jobs reports are needed for sustained market growth. Uncertainties in the economic and political environment cloud future policy decisions. Fed projections may not be reliable indicators.

Expert warns of unrealistic expectations for “transitory” inflation and potential unravelling of rate cut forecasts due to trade policy uncertainties. Markets now price in three cuts instead of two post-Fed decision. Traders adjust rate expectations despite slightly more hawkish Fed tilt. Powell’s presser fails to provide the needed market boost. 1. The stock market saw a significant drop today, with the Dow Jones Industrial Average falling by 500 points. This was attributed to concerns over rising inflation rates and interest rates, causing investors to sell off stocks.

2. A new study revealed that 75% of Americans are not saving enough for retirement, with the average retirement savings amounting to only $65,000. Experts warn that this lack of savings could lead to financial hardship in the future.

3. The latest unemployment report showed that the job market is improving, with the unemployment rate dropping to 4.5%. This is the lowest it has been in over a year, signaling a positive trend in the economy.

4. In international news, tensions are rising between Russia and Ukraine, with reports of increased military activity along the border. The US and European Union have expressed concern over the situation and are calling for a peaceful resolution.

5. A new study found that 1 in 4 Americans have experienced a cyber attack on their personal devices, with phishing emails being the most common method of attack. Experts advise individuals to be vigilant and take steps to protect their personal information online.



Read more at Yahoo Finance: Federal Reserve’s future policy path ‘highly uncertain’ as Powell downplays forecasts on heels of Trump unknowns