*ππ 5 Key Takeaways From Wednesday’s Fed Rate Decision — What Investors Need to Know πΌ✨**
Latest News Business Entertainment Sports Health Education Jobs Live Sport TV The Federal Reserve on Wednesday approved a much-anticipated quarter percentage point interest rate cut at a meeting that was packed with intrigue and surprises. Here's a look at five top takeaways: 1. The hawkish cut is real — kind of. Wall Street had been anticipating the Fed would deliver a strong dose of caution along with the cut, with a warning that the bar was high for additional easing. Markets, though, didn't seem to mind: Stocks posted solid gains on the day while Treasury yields fell . 1. While a 9-3 vote might suggest broad support for the move, the Fe...