Investors expect a 25-basis-point rate cut today, with a small chance of 50 basis points. The Fed's economic and rate projections loom large, along with Chairman Powell's remarks.
As expected, the Federal Reserve cut its short-term interest rate, citing concerns about slowing job growth. Where Fed policy goes from here is less clear.
Today's Fed meeting appears likely to bring a 25-basis point rate cut, the first since December. Rate and economic projections are also awaited, along with Powell's remarks.
Greater mega-cap stock exposure carries significant upside risks, but concentration can also work against investors—helping make the case for diversification in portfolios.
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Today's Options Market Update
Fed Cuts Rates, Citing Weakening Job Market
Rate Cut Seen, Projections Awaited as Fed Looms
Looking to the Futures
Washington: What to Watch Now
Retail Sales Take Spotlight Ahead of Fed Meeting
Fed Decision, Economic Data Take Center Stage
Every Brea(d)th You Take: Market Concentration Risks
Weekly Trader's Outlook