The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in order to avoid roiling markets. But Wall Street was mostly clueless this week when it came to predicting how big a rate cut the Fed would deliver on Wednesday.
The S&P 500 is hovering just below record territory, driven by a revived rally as bets have grown that the Federal Reserve ...
Wall Street jumps to record highs as global markets cheer Fed rate cut.
Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big ...
Wall Street's main stock indexes were broadly flat in early trade on Wednesday and the dollar weakened as traders weighed up ...
A top Federal Reserve official has said he would support more aggressive interest rate cuts from the US central bank if the economic data deteriorates further, as he cautioned inf ...
The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election. Fed Chair Jerome Powell downplayed the ...
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