The Federal Reserve’s decision to lower interest rates was met with surprise on Wednesday, as investors had been expecting a more dovish move. Despite the cut in rates, the market is breathing a sigh of relief, and some are questioning whether this move marks the beginning of a new trend or just a short-term respite.
Source: https://www.bloomberg.com/opinion/articles/2024-12-19/fed-drops-a-lump-of-coal-on-trump-market-s-christmas