Markets got what they wanted from Powell with a Fed rate cut and they’re still not happy
NegativeFinancial Markets

Jerome Powell's recent decision to cut interest rates by 25 basis points was expected by the markets, but the lackluster response from Wall Street indicates deeper concerns. Investors are worried that this move may jeopardize job stability rather than inspire confidence in the economy. This reaction highlights the delicate balance the Federal Reserve must maintain between stimulating growth and ensuring employment remains strong.
— Curated by the World Pulse Now AI Editorial System