Wealth Management USA Insights Watch market commentary UBS Trending: Digesting the Fed’s rate cut decision Back to top Reimagining the power of investing. Connecting people for a better world. Footer Navigation Our solutions Banking Investing Mortgage planning Retirement planning Workplace we...
Stocks Rise After Fed Rate Cut DecisionTIM PARADIS
When they met two weeks ago, Fed officials forecast that they could cut their benchmark rate three times this year. Still, nearly half the 19 policymakers penciled in just two or fewer rate cuts. Strong economic growth could diminish the likelihood of a Fed rate cut later this ye...
The Federal Reserve lowered its benchmark rate by a quarter point Wednesday as an insurance policy not against what's wrong with the economy now, but what could go wrong in the future. It was the first rate cut by the central bank in more than a decade. Amid President Donald Trump's i...
Meanwhile, economists polled by FactSet are predicting rate cuts at the Fed's November and December meetings (There is no October rate decision meeting.) Additionally, many economists expect the Fed to continue to cut throughout 2025, with most forecasting that by May 2025, the benchmark rate...
Yet Powell said the central bank's cut was a "mid-cycle adjustment," adding that the action is "not the beginning of a long series of rate cuts." The remarks sent chills through the market's spine, evaporating all the gains of the three major indexes of the day and sinking the Dow ...
Over the longer term, FOMC members pointed to a funds rate of 2.9% in 2026. That's above what the Fed considers the "neutral" rate of interest that is neither stimulative nor restrictive for growth. This was the first time the committee provided a look at 2026. The long-run expected ne...
Two members of the 10-person FOMC dissented to the rate-cut decision. Esther George and Eric Rosengren, presidents of Kansas City Fed and Boston Fed, "preferred" to maintain the target range for the federal funds rate at 2.25 to 2.5 percent. ...
The unemployment rate, while still low at 4.2%, has risen nearly a full percentage point in the past two years. Concern over rising unemployment contributed to the Fed’s decision in September to cut its key rate by a larger-than-usual half point. ...
In this episode, Kathy Jones and Liz Ann Sonders analyze the market's reaction to the rate cut, the balance between panic and greed in investment strategies, and the upcoming economic indicators that could influence market movements. Their discussion highlights the importance of understanding labor ...