U.S. stocks face a challenging period with economic data, political uncertainty, and corporate earnings tests ahead. The S&P 500 recently hit an all-time high following a Federal Reserve rate cut but remains vulnerable to market swings, especially with the upcoming election and key economic reports on the horizon.
Fed’s Waller, leaning against March cut, sees easings later in year
Federal Reserve Governor Christopher Waller opposes a rate cut at the upcoming policy meeting. He suggests future cuts are possible if inflation pressures decrease. Waller