After a series of three cuts toward the end of 2024, the Fed’s likely decision to hold steady reflects its cautious approach amid economic uncertainties and a landscape influenced by previous fiscal and monetary policies.
Now if there’s a 50-basis-point cut, what happens, I think, on balance, the market surges because it lowers that drag of interest rates across the economy makes stocks look on the margin more attractive.
In contrast, Super Micro Computer rebounded, gaining 2% after the company reassured customers and partners in response to a critical report from Hindenburg Research.
