Fed’s rate-cut view set to test resurgent US stocks rally

By X-blogger - on January 27, 2025

NASDAQ Composite Daily Chart

The Federal Reserve’s first meeting of 2025 in the coming week stands to test the resurgence in U.S. stocks as investors gauge the extent of more equity-friendly interest rate cuts in the months ahead. Stocks swooned after the Fed’s last meeting in December, when the central bank downgraded its forecast for rate cuts.

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