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Wall Street Week Ahead-US housing shares shine as Fed restarts rate cuts
The Economic Times·2025-09-20 11:50

On Wednesday, the U.S. central bank lowered its benchmark rate for the first time since December and indicated more cuts would follow as it tries to shore up a shaky labor market. The Fed's move stands to help interest-rate sensitive areas such as small-cap and consumer discretionary shares. "The Fed is rebooting the easing cycle," said Angelo Kourkafas, senior global investment strategist at Edward Jones. "If we think about areas that may stand to benefit from that... homebuilders is one of them." The S& ...