Fed’s rate cut sends US inflation up and stocks down. What does 2025 hold?
The Federal Reserve cut interest rates by 25 basis points to a target range of 4.25%-4.5%, triggering a sharp sell-off on Wall Street and raising fresh questions about inflation. The S&P 500 nosedived, erasing earlier gains, while inflation expectations climbed. The Fed raised its 2025 inflation forecast from 2.1% to 2.5% and slashed its planned […]
