Fed Cuts Rates Again, This Time by a Quarter Point - The Wall Street ...
5 days ago · At a news conference after the meeting, Chair Jerome Powell said the election wouldn’t have any effect on the Fed’s immediate policy decisions. He also reaffirmed his intention to stay at the ...
Stock Market News, Nov. 7, 2024: Nasdaq, S&P Gain as Fed Cuts …
6 days ago · Next up is the Fed's interest-rate decision, due at 2 p.m. ET. It is widely expected to cut by a quarter-percentage point. Earlier, the Bank of England made its own rate cut, the first major ...
Fed cuts key interest rate a quarter-point but signals ... - NBC News
5 days ago · As of Wednesday, Wall Street traders were nearly unanimous that the Fed would cut the federal funds rate, which acts as a benchmark for other borrowing rates in the economy, by a quarter-point ...
If Trump Tries to Fire Powell, Fed Chair Is Ready for a Legal Fight
2 days ago · Nick Timiraos. Nov. 10, 2024 9:00 pm ET. When a frustrated Donald Trump flirted with removing Federal Reserve Chair Jerome Powell in a dispute over interest rates back in 2018, Fed leaders ...
Wall Street Fed Watchers Dial Back 2025 Rate-Cut Expectations
4 days ago · November 8, 2024 at 8:17 AM PST. Translate. Economists and strategists across Wall Street have dialed back their expectations for US interest-rate cuts next year based on this week’s ...
Stock market today: Most of Wall Street rises after the Fed cuts ...
6 days ago · NEW YORK (AP) — Most U.S. stocks rose Thursday, as the Federal Reserve cut interest rates again to make things easier for the economy. The S&P 500 climbed 0.7% to add to its surge from the day before following Donald Trump’s presidential victory. The Dow Jones Industrial Average was virtually unchanged and edged down by less than a point ...
Live updates: First Fed rate cut since Covid | CNN Business
Sep 18, 2024 · In a significant shift for the US economy, the Federal Reserve announced a jumbo-sized rate cut Wednesday, its first rate reduction cut since Covid. It’s a major economic milestone both for the...
Wall Street soars to record highs in a global market rally after Fed…
Sep 19, 2024 · NEW YORK (AP) — Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 jumped 1.7...
Wall Street’s Higher-for-Longer Rate Brigade Plunges Into Loans
13 hours ago · The Invesco Senior Loan ETF (ticker BKLN) — the largest fund tracking floating-rate debt — garnered $576 million in the past week. That’s its biggest weekly haul in more than a year. The ...
Wall Street ticks slightly higher ahead of presumed Fed interest
Sep 18, 2024 · Wall Street ticked slightly higher early Wednesday as markets awaited an expected interest rate cut by the U.S. Federal Reserve, the first in more than four years. Futures for the S&P 500 and...