With the Fed refraining from cutting in its January and March 2025 meetings, that’s where rates stand today. Even with recent cuts, interest rates are still high relative to recent history.

Stocks rose even though the Fed announced no major change after its March meeting, keeping interest rates where they are and predicting the same number of rate cuts, two, over the rest of the year.

After taming the inflation surge from 2022, the U.S. Federal Reserve started cutting interest rates last September. While rate cuts are typically great for businesses, history suggests they often ...