Stock Market Sells Off on New Fed Rate Outlook
The stock market has reacted sharply to the Fed’s revised outlook, which indicates only two expected rate cuts in the upcoming year, down from the previously suggested four. This shift has led to significant sell-offs across various sectors. Investors need to reassess their strategies in light of this new information. Keeping abreast of Fed policies and their implications for the market will be crucial for making smart investment decisions moving forward.