The U.S. Federal Reserve slashed interest rates for the first time in four years, and in the same week, Canada’s inflation ...
Like Pavlovian dogs, stocks typically rally in anticipation of Fed easing. However, unemployment continued to surge in the eight recessions since 1969, and stock markets eventually fell an average of ...
On Wednesday, the Fed cut its policy rate by 50 basis points. The last three times they cut by this much were January 3, 2001, September 18, 2007, and March 3, 2020—all three marked the beginning of ...