Major U.S. equites indexes climbed to fresh records Wednesday afternoon ahead of a Federal Reserve decision on interest rates. https://t.co/SNzFXMNtdt ...

Market Performance - Nasdaq closed in the green, while the S&P was nearly unchanged and the Dow was down more than 70 points [1] - Nvidia became the first company to hit a $5 trillion valuation, up nearly 15% in the last five trading sessions [1] - Adidas shares dropped more than 10% due to weak sales in North America [1] - Gold settled back above $4,000 but pulled back in the last few hours [1] Federal Reserve (The Fed) Actions and Stance - The Fed cut interest rates by a quarter point, bringing the new range to 375 to 4% [4] - Fed Chair Powell signaled a more neutral stance on a December rate cut, disappointing markets [4] - Traders are pricing in a 30+% chance that rates will remain unchanged at the central bank's final meeting of 2025 [3] - The probability of a rate cut in January rose from 42% to 80% after the press conference [5] - Two descents occurred during the vote: one wanted a 50 basis point rate cut, and the other favored no rate change [7] Economic Indicators and Concerns - The Fed noted reasonably strong economic growth and a booming stock market [6] - The Fed is assessing whether it has taken out enough insurance against a potential weakening in the job market [9] - Inflation is still high, and core PCE is going up [15] - The market may be overly optimistic about future rate cuts, as the Fed indicated that unless data weakens meaningfully, they are not cutting in December [14]

Interest Rate Impact - The Federal Reserve cut interest rates by 0.25 percentage points [1] - The new Fed funds rate range is between 3.75% and 4% [2] - Credit card rates are expected to decline slightly, but the average rate will likely remain around 20% [3] - Auto loan rates, currently averaging about 7% for a 5-year term, may see a small decrease [3] - Mortgage rates (15-year and 30-year) are anticipated to decrease [4] Savings Strategies - High-yield savings accounts offer rates around 4% [5] - Certificates of Deposit (CDs) for 6 months to a year can yield rates around 4% [6] - Maintaining savings goals and reducing debt are crucial, regardless of rate fluctuations [6]

Federal Reserve Actions - The Federal Reserve reduced interest rates by 25 basis points following the October FOMC meeting [1] Market Implications - The report analyzes the reasons behind the rate cut decision and its implications for the markets [1] - The report provides an outlook for future rate cuts [1] Resources - Yahoo Finance offers free stock ticker data, up-to-date news, and portfolio management resources [1] - Yahoo Finance provides comprehensive market data and advanced tools [1]

Some Thoughts on Today’s Fed Decision https://t.co/5kof21T9KM ...

My colleagues and I remain squarely focused on achieving our dualmandate goals of maximum employment and stable prices for the benefit of the American people. Although some important federal government data have been delayed due to the shutdown, the public and private sector data that have remained available suggest that the outlook for employment and inflation has not changed much since our meeting in September. Conditions in the labor market appear to be gradually cooling and inflation remains somewhat el ...

Core Insights - Higher-income consumers are maintaining spending levels, while lower-income households are experiencing financial stress and reducing expenditures [1][2] Consumer Spending Trends - Overall consumer balance sheets remain healthy, allowing for continued spending in the U.S. economy [1] - Lower-income households are facing rising defaults and are pulling back on spending due to prolonged price increases [2] - Wealthier consumers are benefiting from strong stock market gains, which supports their spending habits [2]

🇺🇸 LATEST: Polymarket users are projecting a 73% chance that the Fed will cut interest rates by 25bps again in December. https://t.co/ztDmRqRDQP ...

Interest Rate Cuts & Monetary Policy - The Federal Reserve announced a second consecutive interest rate cut of 0.25% [1] - This is the second rate cut this year, following a cut in September [2] - Expectations exist for a potential third rate cut by the Fed before the end of the year in December [3] Economic Indicators & Data Uncertainty - The Fed made this decision without fresh economic data due to the government shutdown [1] - The US is currently in a "data fog," lacking an official jobless rate due to the government shutdown [4] - The Consumer Price Index (CPI) inflation gauge was at 3%, considered slightly too high by the Fed [4] - The Fed is closely monitoring private sector economic indicators to gauge the overall economic situation [5] Job Market Concerns - The Fed has been concerned about a slowing job market [2] - Recent headlines show job cuts at companies like Amazon, UPS, Target, and Intel [6] - The Fed chair Jerome Powell is expected to address the job market and potential risks, including the impact of artificial intelligence [6]

The Federal Reserve cutting interest rates by a quarter point to a new range of 375 to 4%. There were two descents on this. The second one by new Fed Governor Myron who wanted 50. First one by Kansas City Fed President Jeff Smith who wanted no change.So dissents on both sides. A kind of a rare occurrence for the Fed. The Federal Reserve announcing it is stopping quantitative tightening or the roll off of its balance sheet as soon as December.Um, all rolloffs of treasuries from here on out and mortgage back ...