President Biden Says It Would Do Enormous Damage To Economy If Federal Reserve Lost Its Independence; I "Never Once" Spoke To Fed Chair Since Taking Office
LIVE: Biden Delivers Remarks at the Economic Club of Washington, D.C.
The Fed Just Convinced Markets It's Not Behind the Curve
The smaller the plate, the more fierce the rise? Rate cuts plus a soft landing, the Russell 2000 has risen for six consecutive days and may become the 'big winner'!
After the Federal Reserve announced a 50 basis point rate cut, the three major US stock indexes all straight up but ended with losses; the small cap representative e-mini Russell 2000 index also straight up, with greater elasticity, and ultimately closed flat; 'aggressive rate cuts' meets 'strong economy/soft landing', small caps are considered to benefit more from loose mmf policies.
Wall Street Breaks Records, Chipmakers Rally, Tesla Hits 2-Month High As Fed Cut Drives Risk-On Mode: What's Driving Markets Thursday?
U.S. Defense Secretary Austin Postpones Israel Trip