CNBC's Sarah Min breaks down how a rate cut could affect the S&P 500 .
Welcome to U.S. rate cut week!
Furthermore, jumbo hikes of 75 basis points were enacted between June 2022 to November 2022.
But given that the rate cut has been so clearly telegraphed by the Fed, it's hard to imagine it not happening.
This cut might not be big in terms of basis points, but it will be big in what it signals to markets.
Persons:
It's, Sarah Min, Donald Trump, Rafael Barros, Cat Stevens, Aditya Bhave, CNBC's Pia Singh, Hakyung Kim, Brian Evans
Organizations:
Eccles Federal Reserve, CNBC, U.S . Federal Reserve, China's National Bureau, Statistics, Republican, Federal Bureau of Investigation, Secret Service, U.S, Federal, Fed, Bank of America U.S
Locations:
Washington , DC, Florida, U.S