The Fed cutting interest rates less than expected in 2025 will still be bullish for stocks, according to Fundstrat's Tom Lee.Spencer Platt/Getty, Tyler Le/BIThe Fed's last rate decision in 2024 will spark a strong year-end stretch for stocks, Fundstrat's Tom Lee said.The FOMC decision will spark a relief rally as markets gain more certainty, he wrote in a note to clients.History suggests stocks could see as much as a 2% jump in the following week, he added.The Federal Reserve's rate decision will jumpstart a strong market move into year-end, and even hawkish comments from the central bank will allow investors to emerge from a "zone of hesitation," according to one of Wall Street's most bullish forecasters.Tom Lee, the head of research at Fundstrat, sees stocks jumping after the Fed's rate decision Wednesday afternoon, kicking off a year-end market rally.

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BING NEWS:
  • The Fed meeting will spark a jump in stocks as investors exit the 'zone of hesitation,' Fundstrat says
    The Fed cutting interest rates less than expected in 2025 will still be bullish for stocks, according to Fundstrat's Tom Lee.
    12/18/2024 - 3:01 am | View Link
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