Rate Cut Incoming? Markets Bet Big on Fed Decision
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Saturdays

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Is the Fed about to pull the trigger? Markets are screaming for an interest rate cut after weak jobs data and cooling inflation, with some even predicting a bold 50 basis point move. But beneath the surface, rising costs in key sectors and fatter retail profits could throw a wrench in the plan. Will Powell heed the market's call, or will the Fed surprise everyone? Global stocks are already on the rise, betting on easy money ahead. Hosted on Acast. See acast.com/privacy for more information.