Fed Easing Cycle Resumes: Market Implications

The Fed's statement highlighted "downside risks to employment," indicating a shift back into easing mode. The median projections now call for additional rate cuts in 2025. (Photo by Chip Somodevilla/Getty Images)Getty ImagesFollowing the Federal Reserve rate cut last Wednesday, the S&P 500 closed at an all-time high last Friday. The Magnificent 7, comprising Microsoft (MSFT), Meta Platforms (META), Amazon.com (AMZN), Apple (AAPL), NVIDIA (NVDA), Alphabet (GOOGL), and Tesla (TSLA), outperformed the market.Ma ...