nygazet.com logo

Fed officials and data keep signaling Wall Street won’t get continued cuts

Fed officials and data keep signaling Wall Street won’t get continued cuts
business9/26/2025

U.S. economic data keeps coming back stronger than expected, and frankly it’s raining on the parade for markets.

For the majority of 2025, investors have been hankering after multiple base interest rate cuts from Jerome Powell and the Federal Open Market Committee (FOMC), knowing it would kick-start cheaper borrowing and foster economic activity. The general co... [4239 chars]