The three major indexes collectively hit a record closing high! The Federal Reserve announced that it would keep the target range for the federal funds rate unchanged at 5.25% to 5.5%. Interest rate cut expectations remain unchanged, market reaction is positive.
As U.S. monetary policy eases, investors turn to riskier assets, and risky assets such as stocks and emerging markets may benefit from this. When will the interest rate cut come? Pay attention to the prelude signals, analysts say.