Ruling Out Recession Threat Is Next For Investors

By Michael Msika, Bloomberg markets live reporter and strategist

Now that the Federal Reserve has done what everyone expected, investor focus shifts to whether the economy is resilient enough for stocks to push even higher.

The Fed has resumed cutting rates and may be far from done, with three more reductions nearly priced in by next March. Chair Jerome Powell rallied a deeply divided committee of policymakers behind an interest rate-cut on Wednesday. Still,