Fundamental OverviewYesterday, the Fed finally started its easing cycle and decided to do it with a 50 bps cut. The market was already leaning towards a 50 bps move, so it wasn’t a surprise. The larger cut was framed as kind of an “insurance” cut with the dot plot showing two more 25 bps cuts by the end of the year and less than the market expected in 2025. What’s important is that the Fed is cutting into a resilient economy which should lead to better growth expectations and support the stock market.Nasdaq Technical Analysis – Daily TimeframeOn the daily chart, we can see that the Nasdaq is now back at the key 20000 level. The sellers will likely lean on the level to position for a drop int
Hence then, the article about nasdaq technical analysis rate cuts into soft landings are bullish was published today ( ) and is available onforex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Nasdaq Technical Analysis – Rate cuts into soft landings are bullish )