The Fed is poised to enter a new era with first rate cut in 4 years. But what comes next?
Published On Sep 18, 2024, 3:14 AM
The Federal Reserve is preparing to implement its first interest rate cut in four years, marking a significant shift in monetary policy. This decision stems from growing economic concerns, including inflation pressures and potential economic slowdown. Investors should carefully monitor this development as it could have implications for market behavior and sector performance. The cut may support sectors like real estate and consumer discretionary, while raising caution in financials that rely on higher interest rates for profitability.