Rate cut with stock market at all-time highs? It’s been done before — but here’s what’s different

William Watts
Rate cut with stock market at all-time highs? It’s been done before — but here’s what’s different

A look back at history shows that the Fed has been willing to cut rates with stocks at or near all-time highs in the past, but it’s a phenomenon that hasn’t been seen in more than 20 years. And the Fed has never moved to ease when unemployment stood below 4%.