No case for more jumbo rate cuts by the Fed, strategists say

Finance

Booking.com

There is no case for more 50-basis-point rate cuts by the Federal Reserve, veteran market strategists told CNBC.
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Bank of Japan holds rates at 0.25%, yen weakens

The decision comes a day after the U.S. Federal Reserve cut rates by 25 basis points, bringing the federal funds rate to 4.25%-4.5%.
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December 19, 2024

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Why the stock market was so disappointed by the Fed Wednesday

Investors were more concerned with what the Fed projected in its forecast for 2025 than they were heartened by the December cut.
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Trump joins Elon Musk in opposing House GOP’s government funding bill

President-elect Donald Trump came out against a government funding bill backed by Republican House Speaker Mike Johnson.
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December 19, 2024

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Expectations on Fed cuts were the lethal blow to markets

Wednesday’s dramatic sell-off in markets is a stark reminder that forecasts influence stock movements much more than current circumstances.
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No case for more jumbo rate cuts by the Fed, strategists say

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