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Wall Street Lunch: Powell Plays The Grinch (undefined:US10Y)
苹果苹果(US:AAPL) Seeking Alpha·2025-10-30 04:42
TD Dolci/iStock Editorial via Getty Images Listen below or on the go via Apple Podcasts and Spotify    The Fed cut rates by 25 bps as expected. But Chairman Jay Powell says one more cut this year is far from a foregone conclusion. (0:16) Stocks end mixed as Treasury yields surge. (2:12) The following is an abridged transcript: Death, taxes and today’s interest rate cut. To the surprise of almost no one on Wall Street, the Federal Reserve cut rates by a quarter point for the second time this year. It als ...