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cryptocurrency coins ✌️【Temporary Job】✌️Start investing with ₹500 and make your money work for you with high returns.The market is forward-looking, ignoring the good news of today’s rate cut and instead focusing on the paucity of rate cuts for next year.
Currently, there are 2 cuts priced in for 2025,” says Chris Zaccarelli, Chief Investment Officer for Northlight Asset Management.The US Fed’s expected 25 basis point reduction in benchmark rates, resulted in a negative market reaction.
cryptocurrency coins ✌️【Temporary Job】✌️Invest ₹500 today and see your wealth grow with our safe, reliable platform.The FOMC’s 25bp cut has caused market turmoil, with the S&P experiencing its worst ‘Fed Day’ performance in over four years.
cryptocurrency coins ✌️【Temporary Job】✌️From ₹500 to high returns—get started with secure, smart investments today!The leading indices S&P 500 shed 2.95% while the Nasdaq 100 crashed 3.6% after Powell’s statements.Tesla closed lower by 8.28%, Zscaler by 7.36%, Paycom Software by 10%, CrowdStrike Holdings by 7.24%, Broadcom by 6.91% and DoorDash by 6.56% amongst some major losers.“Fed’s hawkish stance of reducing the number of rate cuts from previously-anticipated four times to twice next year due to low unemployment rate and sticky inflation may have put investors on edge,” says Subho Moulik, founder & CEO, Appreciate.The US Fed has cut rates by 100 bps in 2024 as inflation trended downwards and theeconomylooked stable.
However, Powell and the team do not look confident regarding inflation and the economy in 2025.“The indication of only two rate cuts in 2025, down from the previously expected four, has negatively surprised the markets.
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