‘Market psychology has shifted’: The only question now is how far and how fast The Fed will go
via apolloacademy.com
Short excerpt below. Read at the original source.
Wall Street expects the Fed to cut rates by 0.25% next week, though some are speculating Jerome Powell could deliver a “jumbo” 0.5% move, given how weak recent labor market data has been. Global markets and U.S. S&P 500 futures rose on expectations of cheaper money, but there are still two more rounds of inflation […]