The stock markets have bought the Fed rumors - watch for them to sell on the news

Business

The Stock Markets Have Bought The Fed Rumors - Watch For Them To Sell On The News

By Fortune

The optimism is being driven by baked-in expectations that the U.S. Federal Reserve will deliver a 0.25% interest rate cut tomorrow. The cliché here is that the markets appear to have bought on the rumour of the cut, and once Chairman Jerome Powell d ...Read more