Fed decision had long been priced in - what's next ?
It is said that the stock market looks 6 to 9 months ahead. This was probably the reason why today's decision by the Fed to cut interest rates by 0.5% did not cause a major realignment in the markets (so far).
It was a foregone conclusion that the Fed would begin to turn the tide on interest rates. However, it was unclear how big the move would be. Many economists had expected a smaller move of a quarter of a percentage point. The cut marks a turning point in interest rate policy: the Fed had been raising rates at a record-breaking pace since last March to combat stubbornly high inflation, most recently holding them in a range of 5.25 percent to 5.50 percent for more than a year.
It was a foregone conclusion that the Fed would begin to turn the tide on interest rates. However, it was unclear how big the move would be. Many economists had expected a smaller move of a quarter of a percentage point. The cut marks a turning point in interest rate policy: the Fed had been raising rates at a record-breaking pace since last March to combat stubbornly high inflation, most recently holding them in a range of 5.25 percent to 5.50 percent for more than a year.
הערה
Our current view is that the S&P 500 could exceed 6000 by mid-January / February 2025. But nothing is certain and the future has not happened yet. So we just have to wait and see.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.