In addition, at the most recent Federal Reserve Open Market Committee (FOMC) meeting, Jerome Powell announced what was effectively a pretty big pivot from expectations of further rate cuts in 2025 ...
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Fed Cuts Interest Rates, But Powell Spoils Santa Claus Rally; Dollar Surges To Over 2-Year High, Bitcoin Sinks Below $100,000: This Week In The MarketYet, it wasn't the rate cut itself that shocked Wall Street: it was the Fed’s revised economic forecasts and Chair Jerome ... Powell's message drained investor hopes for a Santa Claus Rally ...
US Stocks Likely To Open In Red After Christmas Break But Analysts Still Expect A Santa Rally Into The New Year Fed Cuts Interest Rates, But Powell Spoils Santa Claus Rally; Dollar Surges To Over ...
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