RSS Market Chaos Unfolds Despite Widely Expected Fed Hawkish Cut

Currently reading:
 RSS Market Chaos Unfolds Despite Widely Expected Fed Hawkish Cut

Status
Not open for further replies.

Crax Bot

Staff member
Administrator
Amateur
LV
0
Joined
Nov 5, 2021
Threads
6,209
Likes
1,916
Credits
32,784©
Cash
0$
f-stocks15.jpg


Fed’s hawkish rate cut overnight sparked an outsized market reaction, with DOW plunging over -1100 points and NASDAQ losing -3.5%. Fed’s messages didn’t deviate from expectations leading to the meeting, indicating a slower easing path in 2025 with likely just two more rate cuts and a terminal rate near or above 3.0%. But markets responded […]

The post Market Chaos Unfolds Despite Widely Expected Fed Hawkish Cut appeared first on Action Forex.
 
Status
Not open for further replies.
Tips

Similar threads

Replies
0
Views
23
Replies
0
Views
14
Top Bottom