--- title: "Fed Cuts Key Rate To Stem Job Losses; S&P 500 Rises" type: "News" locale: "en" url: "https://longbridge.com/en/news/290378988.md" description: "The Federal Reserve recently reduced its crucial interest rate in response to economic conditions, aiming to alleviate job losses. However, market focus shifted towards forecasts for the year 2026 and the insights provided during Chair Jerome Powell's news conference. Consequently, the S&P 500 index demonstrated an increase in reaction to these developments." datetime: "2026-06-22T03:00:08.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/290378988.md) - [en](https://longbridge.com/en/news/290378988.md) - [zh-HK](https://longbridge.com/zh-HK/news/290378988.md) --- # Fed Cuts Key Rate To Stem Job Losses; S&P 500 Rises The Federal Reserve recently reduced its crucial interest rate in response to economic conditions, aiming to alleviate job losses. However, market focus shifted towards forecasts for the year 2026 and the insights provided during Chair Jerome Powell's news conference. Consequently, the S&P 500 index demonstrated an increase in reaction to these developments. ### Related Stocks - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [SPY.US](https://longbridge.com/en/quote/SPY.US.md) - [IVV.US](https://longbridge.com/en/quote/IVV.US.md) - [VOO.US](https://longbridge.com/en/quote/VOO.US.md) - [SPLG.US](https://longbridge.com/en/quote/SPLG.US.md) - [SPXL.US](https://longbridge.com/en/quote/SPXL.US.md) - [UPRO.US](https://longbridge.com/en/quote/UPRO.US.md) - [SSO.US](https://longbridge.com/en/quote/SSO.US.md) - [SH.US](https://longbridge.com/en/quote/SH.US.md) - [SPXS.US](https://longbridge.com/en/quote/SPXS.US.md) - [SPXU.US](https://longbridge.com/en/quote/SPXU.US.md) - [SDS.US](https://longbridge.com/en/quote/SDS.US.md) - [SPYI.US](https://longbridge.com/en/quote/SPYI.US.md) - [JEPI.US](https://longbridge.com/en/quote/JEPI.US.md) - [XYLD.US](https://longbridge.com/en/quote/XYLD.US.md) ## Related News & Research - [The S&P 500’s Biggest Strength Is Now Its Biggest Risk](https://longbridge.com/en/news/290298287.md) - [Ed Yardeni Says He Hasn't 'Been Bullish Enough,' Predicts S&P 500 Will Hit 10,000 By 2029](https://longbridge.com/en/news/289879051.md) - [Wells Fargo raises year-end S&P 500 target on stronger earnings outlook](https://longbridge.com/en/news/289908706.md) - [Is AvalonBay Stock Underperforming the S&P 500?](https://longbridge.com/en/news/290288523.md) - [Charles Schwab Enters Prediction Markets, Taking Aim at Kalshi and Polymarket](https://longbridge.com/en/news/290320590.md)