What the Fed's 2025 rate outlook means for small caps
The Federal Reserve announced its decision to cut rates by 25 basis points early Wednesday afternoon, reducing expectations to just two rate cuts for 2025. This outlook triggered a market (^DJI, ^IXIC, ^GSPC) sell-off. In today's Chart of the Day, Yahoo Finance anchor Julie Hyman analyzes the potential impact on small-cap (^RUT) stocks. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Angel Smith