Markets Hold Breath for Fed’s First 2025 Rate Cut and Powell’s Outlook
Markets Hold Breath for Fed’s First 2025 Rate Cut and Powell’s Outlook
As the Federal Reserve’s pivotal two-day meeting concludes, investors are on high alert, with Dow Jones, S&P 500, and Nasdaq futures showing little movement overnight. All eyes are on the expected announcement of the Fed’s first interest rate cut of 2025. Adding to the anticipation, Fed Chief Jerome Powell’s upcoming comments are crucial, as they are expected to provide insights into the central bank’s future monetary policy trajectory.
The broader stock market experienced a slight dip on Tuesday as the meeting commenced, reflecting the cautious sentiment gripping traders. Key tech and growth stocks such as Meta Platforms (META), Nvidia, and Palantir are being closely watched for potential buy points amidst this significant economic development, as the market awaits clarity on the economic path forward.
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