"Analyzing the Potential Impact of a Fed Rate Cut on a Strong Economy"
The Asian markets were mixed with Hong Kong leading losses, while the S&P 500 closed at a fresh high in anticipation of Big Tech earnings and the Federal Reserve's rate policy decision. "Quiet luxury" is gaining traction among investor portfolios, China's EV market remains competitive, and the DOJ and SEC have unveiled charges in a $1.9 billion cryptocurrency fraud scheme. Analysts are bullish on SK Hynix, the world's second-largest memory chipmaker. The timing of interest rate cuts is the top issue for investors, with the market expecting the Fed to keep rates unchanged at its two-day meeting, but economists are split on the timing of rate cuts, influenced by recent good economic news.
- CNBC Daily Open: Fed rate cut timing in focus CNBC
- Why Cut Rates in an Economy This Strong? A Big Question Confronts the Fed. The New York Times
- What This Week's Fed Rate Decision and Tax Season Means for Investors - WSJ's Take On the Week - WSJ Podcasts The Wall Street Journal
- Inflation’s Down and the Economy’s Strong. So Why Isn’t the Fed Cutting Rates? Barron's
- Federal Reserve is likely to open door to March rate cut without providing clear signal USA TODAY
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