Easing Into a Solid Economy
September 27, 2024 at 08:15 AM EDT
A highly anticipated rate cut materialized last week, with the Fed delivering an outsized 50 basis point cut. Based on the slate of data, we wrote previously that economic conditions did not warrant the jumbo rate cut, but Fed Chair Powell and the FOMC were determined not to fall “behind the curve” and be too slow [...] The post Easing Into a Solid Economy appeared first on ETF Trends .
