How will markets react after the first rate cut? Here is what history has to say after the federal reserve starts cutting interest rates for the first time!
🔸First Rate Cut – Jan 3, 2001
– S&P 500 fell ~39% next 448 days
– Unemployment rose another 2.1%
🔸First Rate Cut – Sep 18, 2007
– S&P 500 fell ~54% next 372 days
– Unemployment rose another 5.3%
🔸First Rate Cut – Sep 18, 2024
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