Announcement
Super Grannies and Market Update – June 30 Webinar Cancelled

Fed Acts, Congress Stalls

On Wednesday, the Fed took its long-anticipated action on rates and cut by 50bps, surprising some who thought the first move in the cutting cycle would be 25bps. In his post-meeting press conference Federal Reserve Chair Jerome Powell seemed to focus on one word – recalibration. Looking forward, the Chair made clear that all options will be on the table, and he repeated his mantra that future actions will be data-dependent. 

At his press conference, Powell repeatedly made the poi...

Finish reading this report for free

Enter your email and we’ll send the paywall-free link directly to your inbox

In addition to your unlocked report, you will receive our weekly market newsletter FSI Snapshot, as well as occasional updates and offers from FS Insight. You can unsubscribe at any time. For more information, see our privacy policy.

Get unlimited access to Tom Lee’s Fundstrat research Subscribe
Already a member? Log in
Disclosures (show)

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You are reading the last free article for this month.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In

Trending tickers in our research

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You are reading the last free article for this month.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In