Fed Rate Cut Hopes Boost US Markets
Update: 2025-11-24
Description
U.S. stock market investors are buoyed by optimism, as the Federal Reserves potential December interest rate cut looms. Despite Asian and European markets lackluster performance, the Nasdaq and S&P 500 futures show gains. This shift in sentiment comes after a significant sell-off last week, when a December rate cut seemed unlikely. However, the president of the New York Federal Reserves recent comments have increased the likelihood of a cut, now over 75%, driving investors anticipation of a more accommodative monetary policy.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
