Federal Reserve officials lowered the target range for their benchmark interest rate by 25 basis points to a range of 4% to 4.25% — with Chair Jerome Powell flagging weakening jobs data  — and penciled in two more cuts by the end of 2025. Yawn. The only thing less surprising than that yesterday was the calendar showing the day was Wednesday. But as Powell emphasized the Fed’s jobs, jobs, jobs focus, a winner emerged on the trading floor: the small-cap Russell 2000, a laggard during this year’s market rall ...