Reported 24 days ago
This week, the Federal Reserve is expected to announce significant interest rate cuts, the first since March 2020. Economists and traders are divided on whether the cut will be 0.25% or 0.50%, but both possibilities have heightened market volatility. Anticipated announcements from Fed Chairman Jerome Powell and the release of the dot-plot chart will provide further insights into future rate cuts. Additionally, economic indicators, including declining oil prices, surging mortgage affordability, and upcoming retail sales and earnings reports, will influence market sentiment.
Source: YAHOO