Dustin Reid of Mackenzie Investments says market responded well to September’s unusually large half-point rate cut
Inflation in August was barely above the Fed's 2% inflation target
Polled Americans continue to cite inflation as a leading concern
Move reflects new focus on bolstering the job market
The central bank is expected to announce a rate cut this Wednesday
It was the fifth straight annual drop and the smallest since February 2021
Siena Sheldon says investors that are still underweight fixed income should consider increasing their allocation
Siena Sheldon says investors that are still underweight fixed income should consider increasing their allocation
Most Americans, however, are not in the same celebratory mood after the Fed's rate hike campaign
Despite the near-end of high inflation, many Americans remain unhappy with the cost of living