Dollar catches footing ahead of Fed The dollar steadied on Wednesday as stronger-than-expected U.S. retail sales had traders slightly trimming bets that the U.S. easing cycle will begin with an outsized interest rate cut. The Federal Reserve is expected to make its first interest rate cut in more than four years at 1800 GMT, 09/17/2024 - 1:09 pm | View Link
What’s Next for the Markets and Economy After the Fed Rate Cut? That’s how markets often operate, efficiently pricing in expected outcomes well before they occur. This likely began in July, when small-cap stocks experienced their best single month of performance in two decades, driven by anticipation of the Fed’s ... 09/17/2024 - 1:00 pm | View Link