Fed decision sparks market sell-off
In This Article:
The Federal Reserve announced a 25 basis point rate cut Wednesday afternoon, but the market's enthusiasm quickly dampened as Federal Reserve Chair Jerome Powell's press conference provided minimal clarity on future monetary easing — sparking a sell-off in US equity markets (^DJI, ^IXIC, ^GSPC).
Market Domination anchors Julie Hyman and Josh Lipton analyze the stock market reaction and discuss rate cut expectations for 2025.
To watch more expert insights and analysis on the latest market action, check out more Market Domination here.
This post was written by Angel Smith
Related Videos
Terms and Privacy Policy