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Fed Poised for Rate Cut, Signals Limited Easing Ahead

                                                          US Federal Reserve Chair Jerome Powell The Federal Reserve is widely expected to cut interest rates at its upcoming meeting, marking a shift in monetary policy aimed at supporting economic growth amid cooling inflation and slowing demand. While markets have anticipated a series of reductions, policymakers appear cautious, with signals suggesting only one additional cut may be on the horizon for next year. This measured approach reflects the Fed’s balancing act: easing financial conditions to sustain momentum while avoiding overstimulation that could reignite price pressures. Investors are closely watching the central bank’s language for clues on the trajectory of borrowing costs, as households and businesses continue to navigate a delicate economic environment....
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Wall Street Holds Steady Ahead of a Monster Week

 

The stock market in Wall Street has been holding steady ahead of a massive week. The S&P 500, the Dow, and the Nasdaq composite were little changed in early trading on Monday. Big Tech stocks are the main reason the S&P 500 has soared to a record high since two autumns ago. Seven of them have been responsible for the majority of the index’s returns over that time, and five of those will report their latest results this week: Apple, Alphabet, Amazon, Meta Platforms, and Microsoft. 

The U.S. Federal Reserve is scheduled to announce its monetary policy on Wednesday, with traders not anticipating a rate cut. This week will also bring another trove of corporate earnings, including the biggest technology companies in the world.


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