In the market, traders are pricing in about 70 basis points worth of easing by the end of the year — and nearly 2 percentage ...
"In other contexts, a larger move may convey greater concern about growth, but Powell repeatedly stressed this was basically ...
Vice President Kamala Harris’ campaign blasted Donald Trump for criticizing the Federal Reserve’s first rate cut in four ...
The U.S. stock market was already priced two-thirds of the way for a 50 basis point cut. So they basically delivered on what they market was already discounting. It was probably the appropriate move ...
They were not, though, in a panic or worried about an imminent recession. Instead, they were thinking that the old interest ...
Many Americans are aware of the Fed's existence, at least: A recent Pew Research Center survey found that 45% have a favorable view of the U.S. central banking system, while 32% have an unfavorable ...
If stocks already were due for a tumble and the economy for a recession, the Fed’s rate cut probably didn’t avert it.
US stocks finished mixed Friday, with the Dow closing at a fresh record as Fed officials spoke out about their recent vote to cut interest rates by half a percentage-point.
The S&P 500 (SP500) on Friday added 1.36% for the week to end at 5,702.53 points, posting gains in three out of five sessions. Read more here.
Strategas chairman and CEO Jason Trennert reacts to the Federal Reserve slashing rates ahead of the election on 'Maria ...
NEW YORK — A record-setting week for Wall Street closed on a quieter note Friday, as U.S. stocks drifted around the highs ...
U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note ...