​How Do Sectors Perform After The First Interest Rate Cut? – Tyler Durden

How Do Sectors Perform After The First Interest Rate Cut? Fed chair Jerome Powell has signaled that interest rate cuts are on the horizon, amid a cooling labor market marked by fewer job additions and rising unemployment. Today, the benchmark interest rate stands at 5.25- 5.50%, up from near-zero levels in 2022. Historically, equities have performed better after gradual rate cuts compared to swift reductions typically seen during economic crises. Sectors of the economy are also impacted in different ways, due to shifting consumer demand and interest rate sensitivity. This graphic, via Visual Capitalist’s Dorothy Neufeld, breaks down sector performance…  — Continue at ZeroHedge News : Read More