Fed's Bold Rate Cut Sparks Market Rally, Fuels Speculation of Further Easing Following the Federal Reserve’s larger-than-expected 50 basis point rate cut, financial markets have responded positively, with key stock indices hitting new highs. Economists are now considering the likelihood of another significant rate reduction, driven by worries about persistent labor market softness. The potential for continued job market cooling could prompt the Fed to opt for another aggressive cut, despite initial expectations of more gradual reductions throughout the year. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Zimbabwe Keeps Interest Rate at 20%, Predicts Inflation Below 5% by Year-End READ MORE Lingering Effects from Past Economic Shocks Continue to Drive Inflation in 2024 READ MORE STAGFLATION & The Longest Yield Curve Inversion in History READ MORE Gold Set for a Great 2024, with Silver to Shine Even Brighter: UBS Insights READ MORE Biden Administration Blames GOP for Blocking Inflation-Fighting Measures READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment