The Federal Reserve cut the interest rate by 50 basis points – and the market RAISED its rates by the same amount. The Fed said "Down" and the markets said "Nope."

From the “Glass Half Full Department” comes the news that last month’s panicked blunder by the Federal Reserve, when it slashed short-term interest rates too much, is creating an unexpected opportunity for retirees.

Collins said that while core inflation pressures remain elevated, she is increasingly confident inflation is moving back to the Fed's 2% target.

Most investors were expecting the Federal Reserve to cut rates by 0.25% or 0.50%. The move was already well-baked into the market, so it’s not surprising to hear they went for the full 0.50%. But this is only the beginning of a series of cuts expected over the next year or two.

EnergyNet helps facilitate small cash transactions in the energy sector and other industries, typically below $5 million or $10 million. The company compares itself to eBay, opening up assets to a field of potential buyers rather than approaching them directly, which in itself can raise the valuation of a company’s assets.

Mark Cabana, BofA global research head of US rates strategy, says the Federal Reserve will deliver a string of 25 basis point interest rate cuts through March of next year. Cabana also says a 10-year yield in the 4% to 4.

The Federal Reserve announced a half percentage point drop in interest rates last month: Here's why and what it means.