A Fed rate cut would be a ‘happy pill’ for markets: Strategist
Wall Street will be watching for the latest labor data in Friday’s jobs report for the month of May as investors speculate on what could be the next economic catalyst to encourage the Federal Reserve to begin cutting interest rates in 2025. LPL Financial Chief Economist Jeffrey Roach and Siebert Financial CIO Mark Malek sit down with Madison Mills to discuss what a rate cut would mean for markets (^DJI, ^IXIC, ^GSPC, ^TYX, ^TNX, ^FVX) and the inflation pressures the Fed is navigating while waiting for fresh data. To watch more expert insights and analysis on the latest market action, check out more Catalysts here.
finance.yahoo.com