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Economic Headwinds Mount as Fed Hints at Cuts; Rare Earths Soar on China Tensions, States Near Recession
Stock Market News·2025-10-11 11:38

Key TakeawaysFederal Reserve Governor Christopher Waller indicated that further interest rate cuts are likely, but stressed the central bank's need for a cautious approach amidst conflicting economic signals.Moody's Analytics reports that over 20 U.S. state economies are currently in or nearing recession, signaling a broadening economic slowdown across the nation.Rare earth stocks experienced a significant surge following President Trump's warnings of China's (002594.SZ) move to tighten export controls, int ...