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Could rate cuts, economic resiliency spark an end-of-year rally?
Summary by interactivebrokers.com
2 Articles
2 Articles
Weekly Economic Pulse: A Goldilocks Rate Cut
The Federal Reserve cut their target for the federal funds rate by 25 basis points last week due to concerns about labor market weakness. Job creation has certainly been weak the last 3 or 4 months but that is largely due to the uncertainty created by the Trump administration’s haphazard implementation of their economic program. Well, not entirely. It is also due to the economic program itself, if you include immigration in that category and I …
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