Wall Street Waits: Fed Rate Cut, Political Drama, and Xi
Update: 2025-09-17
Description
Wall Street braces for a pivotal Fed rate cut decision today amidst slowing labor market data and high anticipation. Will the Fed deliver the expected 25 basis point cut, and what clues will the dot plot reveal about future moves? Political drama swirls as a Trump-era pick joins the Fed board and challenges to remove Governor Lisa Cook are blocked. Plus, keep an eye on housing data, earnings from General Mills and Cracker Barrel, and a potentially explosive meeting between President Xi and U.S. leaders to discuss trade and TikTok.
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