The Fed is gaining confidence that inflation is moving toward its 2% target and will carefully evaluate economic data to inform its future decisions. Projections indicate a cumulative 100 basis points cut in 2025 and 50 basis points in 2026.
Wall Street ends lower; fears of AI bubble and inflation send investors away
Technology stocks led a broad market decline on Friday, with the S&P 500 and Nasdaq falling over 1%. Concerns over an AI bubble, fueled by