Cramer said weak industries like housing and autos are met with rising inflation in food, insurance, healthcare and rent, which require different answers.

The Fed trimmed a key interest rate by a quarter percentage point, its third straight rate cut. But it forecast fewer 2025 cuts amid inflation uptick.

The Federal Reserve’s third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses

The Fed lowered interest rates on Wednesday by a quarter point, while signaling a slower pace of cuts next year.

By Hritam Mukherjee and Kashish Tandon (Reuters) -Indian shares slid on Thursday, led by U.S.-rate sensitive IT stocks, after the Federal Reserve indicated fewer interest rate cuts in 2025, sapping risk appetite and fanning worries of further foreign outflows from domestic stocks.

Fed Chair Jerome Powell said a big reason for the committee's pullback was the slower-than-expected progress on combatting inflation this year. "The single biggest factor is infla