Market reprices for Fed rate cuts, but has it swung too far?

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 20 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 63%

Federal Open Market Committee News

The Federal Reserve,Willem Sels,Rate Environment

The Federal Reserve is set to announce its decision on interest rates Wednesday afternoon, so what does this mean for markets? HSBC Global Private Banking...

The Federal Reserve is set to announce its decision on interest rates Wednesday afternoon, so what does this mean for markets? HSBC Global Private Banking Global Chief Investment Officer Willem Sels joins The Morning Brief to discuss the potential market fallout from the Fed's communication.

Sels also sheds light on"the other side of the coin" of this higher-for-longer rate environment, suggesting that markets are likely to continue exhibiting strength. He emphasizes that current earnings are driving market performance, describing the strength of earnings as"relatively broad-based."3 Reasons to Buy Enbridge Stock Like There’s No Tomorrow

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

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

Stock market today: S&P 500 futures slide with Fed's Powell in the spotlightFed day arrives with the focus on what clues Powell will offer to the chances for rate cuts this year.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: US futures hit pause with Fed in focus, Amazon earnings on deckInvestors marked time ahead of the Fed's rate decision, with earnings from Amazon on deck to test prospects for a Big Tech-fueled bump.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian shares mostly rise to start a week full of earnings, Fed meetingTOKYO (AP) — Asian shares mostly rose Tuesday, as investors kept their eyes on potentially market-moving reports expected later this week. Japan's benchmark ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »