Societe Generale expects the Federal Reserve to adopt a hawkish rate-cutting policy, and the bank may 'open the door for pausing further rate cuts, but the duration of the pause is uncertain.'
Additionally, Jim Baird, Chief Investment Officer at Plante Moran Financial Advisors, stated that any factors leading to market expectations that the Federal Reserve's rate cuts may proceed more slowly than investors anticipate could create some downward pressure on the stock market. #pepe