Fed Rate cut hop
Market Outlook: Dow Jones, Nasdaq, S&P 500 Await Powell’s Speech
Friday saw a surge in U.S. stocks, finishing the best week of 2024 as the market recovered from the severe decline saw earlier in August. The Nasdaq Composite increased 0.21%
Fed’s Gift to Investors: Wells Fargo Says Rate Cuts Will Drive Stock Market Higher
By the end of 2025, according to Wells Fargo strategists, the Federal Reserve will have lowered interest rates by 175 basis points (bps), which might lead to favourable economic conditions