What Will Stocks and the U.S. Dollar Do After Rate Cuts?
The Federal Reserve is expected to cut interest rates by 25 basis points, affecting stocks, the U.S. dollar, and bond markets. A weak dollar may impact non-American investors with U.S. assets. Financial firms like Wells Fargo and JPMorgan benefit from lower rates, while Canadian banks report strong results. Stock markets have partially priced in the rate cut, likely continuing their uptrend.
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