From NASDAQ.: 2024-09-18 14:38:01

The Federal Reserve announced a 0.50% interest rate cut, bringing the policy rate to 4.75%-5.00%. This move aims to address inflation and job market concerns, with policymakers expecting further cuts through 2026. Governor Michelle Bowman dissented, and the decision led to increased U.S. stocks, lower Treasury yields, and a weaker dollar.

The Fed’s decision reflects a focus on stabilizing inflation and addressing labor market worries. Future rate cuts are expected to balance economic growth and price stability. With investors reacting positively, the central bank’s strategic flexibility will be crucial in navigating economic conditions and shaping the U.S. economy and financial markets.



Read more at NASDAQ.: U.S. Stocks Rally as Fed Cuts Rates, Projects Further Easing in 2024