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Fed Rate Cut Looms: Will Markets Echo 2007’s Short-Term Pain?


by CoinEdition

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Fed Rate Cut Looms Will Markets Echo 2007's Short-Term Pain?
  • Analyst Brett Eth links the Fed’s anticipated rate cut to 2007.
  • Fed Chair Powell hints at a rate reduction amid a cooling U.S. job market and nearing inflation target.
  • Global markets respond mixedly to potential rate cuts.

Market analyst Brett Eth has drawn parallels between the Federal Reserve’s anticipated September 18, 2024, rate cut and a similar move in 2007. Brett noted that while Federal Reserve rate cuts often lead to long-term market gains, they can trigger short-term declines.

Fed chair Jerome Powell recently hinted at a rate cut in September, expressing confidence that inflation is approaching the Fed’s 2% target. This comes as the U.S. job market cools down, hinting at a possible economic slowdown. Anticipated inflation data, due on Friday, is predicted to be mild, further strengthenin…

The post Fed Rate Cut Looms: Will Markets Echo 2007’s Short-Term Pain? appeared first on Coin Edition.

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Fed Rate Cut Looms: Will Markets Echo 2007’s Short-Term Pain?


by CoinEdition

Share:

Fed Rate Cut Looms Will Markets Echo 2007's Short-Term Pain?
  • Analyst Brett Eth links the Fed’s anticipated rate cut to 2007.
  • Fed Chair Powell hints at a rate reduction amid a cooling U.S. job market and nearing inflation target.
  • Global markets respond mixedly to potential rate cuts.

Market analyst Brett Eth has drawn parallels between the Federal Reserve’s anticipated September 18, 2024, rate cut and a similar move in 2007. Brett noted that while Federal Reserve rate cuts often lead to long-term market gains, they can trigger short-term declines.

Fed chair Jerome Powell recently hinted at a rate cut in September, expressing confidence that inflation is approaching the Fed’s 2% target. This comes as the U.S. job market cools down, hinting at a possible economic slowdown. Anticipated inflation data, due on Friday, is predicted to be mild, further strengthenin…

The post Fed Rate Cut Looms: Will Markets Echo 2007’s Short-Term Pain? appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.0136

+0.25%

$ 0.00...361

$ 0.000161


Funds

Share:

In This News

Coins

$ 0.0136

+0.25%

$ 0.00...361

$ 0.000161


Funds

Share:

Read More

Crypto Market Faces “Extreme Fear” as Index Reaches 20

Crypto Market Faces “Extreme Fear” as Index Reaches 20

Crypto Fear & Greed Index hits 20, reflecting extreme fear. Market reactions and expe...
Bitcoin’s inability to reclaim $90,000 exposes a deep structural fracture that could trap investors during the next unwind

Bitcoin’s inability to reclaim $90,000 exposes a deep structural fracture that could trap investors during the next unwind

Bitcoin’s inability to reclaim $90,000 is looking less like a debate about narratives...