🌍 Wall Street Pauses: Fed Decision in Focus

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🌍 Wall Street Pauses: Fed Decision in Focus


Wall Street Pauses: Fed Decision in Focus

Wall Street futures held steady after a strong week — with the S&P 500 up 1.6%, Dow up 1.0%, and Nasdaq soaring 2.0%.

Why the optimism? Traders are betting the Federal Reserve will cut interest rates by 25 basis points at its upcoming meeting. While a bigger cut seems unlikely, all eyes are on Jerome Powell’s comments for clues on what’s next.

Recent data shows job growth cooling, unemployment ticking up, and inflation easing to 2.9% YoY — all signs that support a softer Fed stance.

At the same time, AI optimism is fueling tech stocks, with Oracle leading the charge on big AI cloud deals.

Investors worldwide are watching: Will the Fed deliver the cut and keep the rally alive, or surprise the markets with a tougher tone?

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