US investors bullish on Fed rate cut prospects ahead of earnings, elections
The anticipation of imminent interest rate cuts is encouraging a bullish outlook among investors, despite upcoming corporate earnings reports and political uncertainty. Federal Reserve Chair Jerome Powell's statement that the U.S. economy is no longer overheated has strengthened the case for easing monetary policy. Many investors believe that clear guidance on rate cuts will stabilize stocks in turbulent markets, with some expecting multiple rate reductions over the next year.
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By Lewis Krauskopf
The prospect of near-term interest rate cuts is bolstering the case for investors to remain bullish after a run in U.S. stocks that may soon be tested by upcoming corporate earnings reports and growing political uncertainty.
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