This chapter examines the immediate market reactions to a 50-basis-point rate cut by the Federal Reserve, focusing on the positive responses in the S&P 500 and small-cap stocks. It highlights the dissent among committee members regarding future interest rates and discusses concerns about potential inflation resurgence. The conversation explores the complexities of the economic landscape, emphasizing the implications for financial sectors and market expectations.
Bloomberg’s Tom Keene, Jonathan Ferro and Lisa Abramowicz break down the Federal Reserve’s decision to cut rates 50-basis-points on a special edition of Bloomberg Surveillance
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