Market expert Manish Singh discusses the Federal Reserve’s potential for a 50 basis point rate cut, citing the current inflation trends and the restrictive rates. He highlights the economic indicators supporting this move and its implications for the American economy, emphasizing that no recession is expected in the near term.
US stocks: US market rises on the day but falls for the week; bond yields and Iran in focus
Major U.S. stock indexes finished Friday higher, but recorded weekly declines. Investors reacted to fluctuating government bond yields and Middle East developments. Stronger services sector