The Federal Reserve only cuts rates outside of scheduled meetings in extreme cases. Some investors think this could merit an emergency move, though others doubt it.
They will give any excuse that can gin up to return to the days of the Fed basically giving out free money that they can go gamble with. The effects on the broader economy be damned.
Traders: Gib free monies!
They will give any excuse that can gin up to return to the days of the Fed basically giving out free money that they can go gamble with. The effects on the broader economy be damned.