The Federal Reserve Cut Rates – Are More on the Way?

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    This week has been significant for market-impacting events.

    First, we had the presidential election on Tuesday. While many didn’t expect it to be called so quickly, it became clear that Donald Trump won in the early morning hours on Wednesday after he did a lot better than people thought he would. (I sent a special election video reaction message to Market 360 readers yesterday, which you can view here.)

    But there was another market event that we need to talk about today. And, under normal circumstances, it would dominate the headlines.

    I’m talking about the Federal Reserve’s November Federal Open Market Committee (FOMC) meeting, which concluded today. At the last FOMC meeting, the Fed cut rates by 0.5% – the first rate cut since March 2022. It also noted that a few more cuts should be expected before 2025.

    In today’s Market 360, we’ll discuss the Fed’s most recent rate cut decision. But before we do, we need to review two key reports from last week that likely influenced the decision: the October payroll report and the latest Personal Consumption Expenditures (PCE) report. Plus, I’ll share which of these events could spark a new surge in the markets… and how you can stand to profit.

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