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 Powell Says a March Rate Cut is Unlikely READ MORE U.S. Job Growth Surpasses Expectations with 272,000 New Jobs in May READ MORE Bank of America's Largest Shareholder Berkshire Hathaway Offloads Another $228.7M READ MORE Inflation Reporting's Blind Spot: The Cumulative Impact READ MORE Morgan Stanley: Bitcoin Could "De-Dollarize" the World READ MORE Add a Comment Cancel replyYour email address will not be published.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