Maybe if you don’t have a recession, the Fed might cut once a quarter. If they see a recession, they will cut faster, but without a recession, they might cut once a quarter. But I don’t think the Fed will take rates all the way down to 2.5%. There’s no reason to do that.
US stocks: Dow rockets 1,100 points, S&P over 2% as oil slide cools inflation worries; Nvidia slumps
US stocks experienced a notable upswing on Monday following a decline in oil prices that calmed inflation worries and propelled market growth. The S&P 500