drmonalidesai on Nostr: Back down goes Wall Street as Big Tech stocks resumes their slide down. 🇺🇸 It ...
Back down goes Wall Street as Big Tech stocks resumes their slide down. 🇺🇸 It all makes things more complicated for the Federal Reserve, which is beginning its latest meeting on interest-rate policy and will make its announcement today.
The Fed could lower its main interest rate, which would make it easier for U.S. businesses and households to borrow. That in turn could boost the economy. But lower interest rates can also push inflation upward, and U.S. consumers have already begun bracing for higher inflation because of tariffs. Virtually everyone on Wall Street expects the Fed to hold its main interest rate steady
https://apnews.com/article/stock-markets-fed-trump-rates-2a6f0aec0eff2a7408d893ddbe1033aa
The Fed could lower its main interest rate, which would make it easier for U.S. businesses and households to borrow. That in turn could boost the economy. But lower interest rates can also push inflation upward, and U.S. consumers have already begun bracing for higher inflation because of tariffs. Virtually everyone on Wall Street expects the Fed to hold its main interest rate steady
https://apnews.com/article/stock-markets-fed-trump-rates-2a6f0aec0eff2a7408d893ddbe1033aa