Yardeni Says Fed Cut Raises Odds Of ‘Outright Melt-Up’ In Stocks
US stocks can soar to fresh highs thanks to the Fed's aggressive half-point interest rate cut last week but bankers should tread carefully.
US stocks can soar to fresh highs thanks to the Fed's aggressive half-point interest rate cut last week but bankers should tread carefully.
JPMorgan CEO Jamie Dimon is more concerned with the major factors influencing the economy over the next century more so than individual rate cuts.
Jeffrey Gundlach, CEO of DoubleLine and a leading voice in the bond market, is sounding the alarm that the Fed’s anticipated rate cut is too late.
In 1995 the rate of inflation was slowing along with spending by US consumers. So, the Fed cut interest rates by a quarter in July and December.
Blackstone Inc. Chief Financial Officer Michael Chae said the firm is “cautiously optimistic about a soft landing.
The Fed will lower interest rates by 25 basis points at each of the U.S. central bank's three remaining policy meetings in 2024.
The Federal Reserve unveiled plans that would massively scale back a proposal to raise capital requirements for banks.