Summary of The Fed is following its 1995 playbook — and that's great news for stocks and the economy
Summary of The Fed is following its 1995 playbook — and that's great news for stocks and the economy
The Federal Reserve's recent 50 basis point cut to the federal fund rate is similar to its actions in 1995, which led to a booming economy and stock market. The Fed's latest rate cut has created a parallel to what central bankers did in 1995, when they eased the Federal funds rate from a peak of 6% to around 4.75% over three years. This could lead to a soft landing for the economy and a continued rise in the stock market.
quoting nevent1q…ek8hThe Fed is following its 1995 playbook — and that's great news for stocks and the economy
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https://finance.yahoo.com/news/fed-following-1995-playbook-mdash-232351594.html
The Federal Reserve's recent 50 basis point cut to the federal fund rate is similar to its actions in 1995, which led to a booming economy and stock market. The Fed's latest rate cut has created a parallel to what central bankers did in 1995, when they eased the Federal funds rate from a peak of 6% to around 4.75% over three years. This could lead to a soft landing for the economy and a continued rise in the stock market.