Reported about 19 hours ago
Following the recent Federal Reserve meeting, Wall Street is grappling with a more cautious outlook on interest rates, now predicting fewer cuts than previously anticipated for 2025. Despite a slight market recovery last week, inflation fears and the potential impact of a new Trump administration are causing uncertainty. Investors are bracing for a holiday-shortened trading week while digesting the Fed’s updated stance, as concerns grow over inflationary policy changes.
Source: YAHOO