Now That Rates Are Falling, Let’s Turn to Other Matters

Published On Sep 20, 2024, 5:03 AM

The Federal Reserve has cut interest rates for the first time in a while, aiming to ease financial conditions in the U.S. This move led to a spike in the stock market with the S&P 500 hitting a new high. However, the article raises caution about various concerns including political instability around the upcoming presidential election, geopolitical tensions globally, a potential economic slowdown, and rising unemployment. Experts are wary that while inflation seems to be under control for now, external factors like conflict could still disrupt economic stability.