I've been getting a lot of extremely different information from people today. Could someone answer the following questions for me?
Firstly, what are fed cuts anyways? I know that the “cut” refers to lowering interest rates, but I'm still confused — interest rates for what??
Secondly, does the market typically go up or down during these cuts? Do large cuts typically bring the market up?
I'd really appreciate some help! Thanks in advance 🙂
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