IVV ETF Declines 0.3%
Reaction Roundup: SA Analysts, Experts Weigh in on Fed's Jumbo Rate Cut
A review of Powell's speech: There is no fixed interest rate path, and there is currently no sign of a recession in the US economy.
①Powell said that there are currently no signs of a recession in the US economy, and he does not believe that an economic recession is imminent; ②Powell emphasized that no fixed interest rate path has been set and decisions will be made progressively through meetings.
Small-caps Stocks Jump More Than 2% After Fed Delivers Jumbo Rate Cut
Express News | Federal Reserve Chairman Powell: It should not be assumed that a 50 basis point rate cut represents a new rhythm.
Express News | Federal Reserve Chairman Powell: The Federal Reserve will accelerate, slow down, or pause interest rate cuts as appropriate.