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MainNewsFed Rate Cut...

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


by CoinEdition
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

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A Tiny Company Wants to Buy $20M TRUMP Token to Change U.S.-Mexico Trade Deals

A Tiny Company Wants to Buy $20M TRUMP Token to Change U.S.-Mexico Trade Deals

Freight Technologies, which also invested in FET tokens, says it's aiming to strength...
DOGS and Notcoin Made Guinness World Record at Token2049

DOGS and Notcoin Made Guinness World Record at Token2049

On the closing day of Token2049 in Dubai, an awe-inspiring drone show set a Guinness ...
MainNewsFed Rate Cut...

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


by CoinEdition
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

Read More

A Tiny Company Wants to Buy $20M TRUMP Token to Change U.S.-Mexico Trade Deals

A Tiny Company Wants to Buy $20M TRUMP Token to Change U.S.-Mexico Trade Deals

Freight Technologies, which also invested in FET tokens, says it's aiming to strength...
DOGS and Notcoin Made Guinness World Record at Token2049

DOGS and Notcoin Made Guinness World Record at Token2049

On the closing day of Token2049 in Dubai, an awe-inspiring drone show set a Guinness ...