Recent data suggest that the Federal Reserve should proceed at a more cautious pace after the central bank's half-point cut in September, Fed Governor Christopher Waller said Monday. But two alternate scenarios could change that logic,

Even though concerns around a potential reheating of inflation have added to the uncertainty around the Federal Reserve’s interest rate path, it may not stop stocks from going higher, analysts said.

The Fed's rate cuts should make borrowing money cheaper. Those cuts probably won't spell relief for consumers on everyday items. Being savvy with coupons, discounts, and credit cards may be your best bet for saving money on essentials.