The Federal Reserve lifted confidence amid economic uncertainty, sparking optimism in the U.S. stock market. Chair Jerome Powell kept interest rate steady at policy meeting and maintained the Fed’s two-rate...
Wall Street has been on a rally this holiday season, especially after Trump’s win in the presidential election. AI boom and lower rates are also driving the stock market higher. However, the Fed’s...
In the pre-pandemic era, U.S. economic forecasts were often overly optimistic. However, post-pandemic, the trend has shifted to underestimations, as highlighted by Lori Calvasina, head of U.S. equity strategy...