The Federal Reserve's recent decision to implement a 25 basis point rate cut, while indicating only two more cuts this year, has prompted a recalibration of market strategies. This move contrasts with earlier market expectations of a more aggressive easing path, as highlighted by Marc Chandler of Bannockburn Forex.
Next week, the market will closely monitor speeches from key Federal Reserve officials, including New York Fed President Williams and St. Louis Fed President Moussallem, for insights into the economic outlook and monetary policy. These events come as U.S. stocks hit record highs, driven by the prospect of further rate cuts boosting corporate earnings and risk appetite.
Fed Signals Slower Rate Cuts Amid Market Recalibration
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