Reported 10 months ago
Investors desire rate cuts but not the typical negative news that accompanies them. This cycle of rate cuts is unique as it is a response to falling inflation rather than a rapidly weakening economy. Lower rates are seen as beneficial to wage earners, mortgage-seekers, and business investors, but may result in delayed cuts due to recent wage and wealth gains. While the stock market continues to soar and lower rates may provide relief in various sectors, the pressure for a soft landing remains on the Fed amid expectations and uncertainties.
Source: YAHOO