Federal Reserve Cuts Interest Rates

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interest rate cut

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Stocks tanked after the Fed signaled fewer rate cuts next year. Here's what Wall Street analysts see ahead.

Summary

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85% Informative

The Federal Reserve cut its benchmark interest rate on Wednesday to between 4.25% and 4.5% .

The central bank also projected two cuts next year instead of four , sending stocks tumbling.

Many analysts see the sell-off as a "buy the dip" opportunity, with the intense reaction unlikely to derail this year 's " Santa Claus " rally.

Jamie Cox , managing partner for Harris Financial Group : "Markets have a really bad of habit of overreacting to Fed policy moves" Chris Zaccarelli , chief investment officer for Northlight Asset Management : "Santa came early and dropped a 25 -bps rate cut in the market's stocking but accompanied it with a note saying that there would be coal next year " Jean Boivin , head of the BlackRock Investment Institute : "The Fed has poured cold water on already dwindling market hopes for generous rate cuts in 2025 ".