The Fed held its key interest rate steady for the
Post# of 26943
![](/assets/46931549/no_avatar_available_thumb.jpg)
Some on Wall Street worry this Fed action suggests there's a recession on the horizon, but Cramer said it would be wise to ignore this outlook, adding that a strong labor report on Friday indicates the contrary. To Cramer, potential rate cuts would mean "smooth sailing" for stocks, with investors becoming less interested in bonds.
![Like This Post](/images/thumb-up.png)
![Dislike This Post](/images/thumb-down.png)