US stocks drifted Wednesday after the Federal Reserve indicated it may cut interest rates twice this year, though it’s far from certain about that. The S&P 500 ended.
US stocks drifted Wednesday after the Federal Reserve indicated it may cut interest rates twice this year, though it’s far from certain about that.
Fed Chair Jerome Powell stressed on Wednesday that all the uncertainty surrounding tariffs means the median forecast for two cuts to interest rates this year could end up being far from reality.