09/21/2024
Some weeks are more consequential than others in shaping the market narrative, and last week was one of them. The Federal Reserve delivered on what markets have been hoping for and anxiously anticipating over the past two years. Interest rates were cut by a larger-than-typical 0.5%, signaling a critical turning point in the monetary policy cycle. We offer five key takes on what last week's announcement means for the economy and markets.
How did the markets perform this week? Get the highlights and the latest economic news.