Fed’s Latest: Rate Cut Rally or Dead Cat Bounce?
The US Federal Reserve has delivered its first rate cut since December 2024, trimming the benchmark rate by 25 basis points and hinting at two more cuts this year. Markets had expected the move, but Jerome Powell’s cautious tone on sticky inflation, slowing growth and rising job market risks left investors with more questions than answers. In this episode of The Morning Brief, host Anirban Chowdhury is joined by ET’s Markets Editor Nishanth Vasudevan to decode the implications. What does Powell’s “risk management” cut really signal? How did global markets from US…
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