The Fed’s 0.5% Rate Cut Delivered New Market Highs

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By Louis Navellier Last Wednesday, the Federal Open Market Committee (FOMC) statement announced a surprising 0.5% key interest rate cut and signaled another 0.5% in rate cuts for the rest of this year (two 0.25% cuts in each of the November and December FOMC meetings). For the first time since 2005, this was not an […]