US Fed Cuts Rate: Should Markets Worry About Recession in US?
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The US Federal Reserve cut its benchmark interest rate by 50 basis points to 4.75% - 5% on 19 September 2024; this marks the first dissent by a governor since 2005, with Governor Michelle Bowman voting for a smaller cut; Fed chair Jerome Powell stated the economy is in a good place, expecting two more 25 bps cuts this year, four in 2025, and two in 2026; historical data shows that aggressive rate cuts often precede recessions; the US added 142,000 jobs in August 2024, with unemployment at 4.2%; experts express caution about potential recession despite current economic strength; investors are weighing the implications of the rate cut on market stability and future growth.

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https://www.outlookbusiness.com/markets/us-fed-cuts-rate-should-markets-worry-about-recession-in-us 

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