Fed Easing Cycle to Boost Stock Price of AEP, MU, GOLD, PHM

With volatility spiking on Wall Street due to recession fears, it’s apparent that the Federal Reserve has been a bit late in easing its monetary policy. The Fed has kept the benchmark interest rates at record-high levels to curb persistent price pressure increases. However, weakness in the labor market confirmed fears of an economic slump, with many market participants now expecting a series of deep Fed rate cuts in the months ahead to pre-empt an economic slowdown.Nonfarm payrolls increased by 114,000 in J ...