With inflation progress slow, Fed's Daly says rate cuts may need to wait
1. Fed's Mary Daly indicates potential interest rate cuts may be tempered. 2. Inflation risks remain, but U.S. economic growth stays solid.
FAQ
Why Bullish?
Moderate interest rate cuts could stimulate market activity, similar to past easing periods.
How important is it?
Interest rate adjustments by the Fed have historically influenced S&P 500 performance directly.
Why Short Term?
Immediate market reaction expected if interest rates are adjusted in the near future.