Wells Fargo: With Fed expected to cut 175 bps through 2025, buy the dip in stocks

Wells Fargo strategists expect the Federal Reserve to cut interest rates by 175 basis points by the end of 2025, creating an economic landscape that could present buying opportunities in the stock market., equity valuations became stretched and a pullback was overdue, said Scott Wren, Wells Fargo’s Senior Global Market Strategist.

However, Wells Fargo maintained that, based on their economic outlook through the end of 2025, market downturns in the SPX could generate buying opportunities. While Wrenn dismissed the idea of an emergency rate reduction, he does anticipate the Fed will reduce rates by a total of 100 basis points by the end of the year, starting with a 50 bps cut at the September policy meeting. He also expects an additional 75 bps of cuts in 2025.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

What would be the impact of Fed rate cuts on consumer earnings: Wells Fargo weighs inWhat would be the impact of Fed rate cuts on consumer earnings: Wells Fargo weighs in
Source: Investingcom - 🏆 450. / 53 Read more »

'Buy stocks, not the stock market': Wells Fargo'Buy stocks, not the stock market': Wells Fargo
Source: Investingcom - 🏆 450. / 53 Read more »

Wells Fargo Empowers CDFIs To Expand Their Small Business ImpactGeri Stengel has written about the success factors of women entrepreneurs in Forbes for 10+ years.
Source: ForbesWomen - 🏆 477. / 51 Read more »