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Why would the Fed cut interest rates a 3rd time in a row even as stocks near records? Investors may soon find out

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A scant few think that Jerome Powell & Co. will opt not to cut interest rates next week for a third time in as many gatherings of the rate-setting Federal Open Market Committee on Wednesday.

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Oh we ALL know why 🙄

Color us intrigued...

Because interest rate policy is about managing inflation and employment, with an eye toward economic growth—- not equity values...

The stock market should be a function of interest rate policy Fed interest rate policy should not be a function of stock prices

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