The stage is set for the main event of the month — the Federal Reserve’s monetary policy meeting. The market has already fully priced in a 25-basis-point (0.25%) cut to the Fed’s benchmark interest rate. However, a small but notable segment of the market is holding out for a more aggressive 50 basis points, which…Read more
Week Ahead on Wall Street This week, financial markets are in a precarious situation, with a fast-moving geopolitical shock threatening to overshadow the latest economic data releases. The direct military conflict that erupted between Israel and Iran on June 13 shattered a period of improving economic sentiment, triggering a classic flight to safety. The immediate…Read more
The Long-Awaited Cut Is Here The Federal Reserve has remained patient (holding interest rates unchanged) and kept its eyes on the prize (getting inflation down) for over a year. Through every twist and turn, every employment and inflation report, the numerous market selloffs and rebounds, Fed officials have remained steadfast. All of that has led…Read more
