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Wall Street strategists predict bull market path for stocks after Powell’s 'risk management' rate cut
Yahoo Finance·2025-09-18 18:17

Stocks keep hitting record highs — and the Federal Reserve just gave them another reason to climb. The central bank cut rates by a quarter point on Wednesday and signaled two more reductions are likely by year-end, with Fed Chair Jerome Powell calling it a "risk management" move to cushion a softening labor market. That backdrop has only reinforced Wall Street's conviction that the rally isn't over. "Fed rate cuts near market highs have historically led to further gains, though not in a linear fashion," ...