The Federal Reserve’s divergence regarding its priorities led to a reduction in its key interest rate on Wednesday, yet it indicated that the path to additional cuts may be more challenging moving forward. The central bank’s Federal Open Market Committee, meeting the expectations of a “hawkish cut,” has reduced its key overnight borrowing rate by Read More
The S&P 500 concluded the trading day with gains amid a session characterized by volatility, as market participants navigated the complexities of Federal Reserve policies and trade-related news. The S&P 500 experienced fluctuations in trading following indications from the Federal Reserve that the likelihood of an economic slowdown and rising prices is on the rise. The broad Read More
