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.
Stock Market Today: Dow finishes above 42,000 for first time in history after Fed's big rate cut
The Federal Reserve's closely followed overnight reverse-repo facility already has begun to reflect Wednesday's big interest-rate cut. Wall Street firms rushed to park extra cash overnight at the facility in the wake of the pandemic,
U.S. stock index futures edged lower on Friday, pausing after the previous session's rally set Wall Street's main indexes on ...
U.S. stocks are drifting in early trading after leaping to records the day before as part of a worldwide rally.
U.S. stock indexes remained stuck in place as Wall Street waited for the Federal Reserve to make its first interest rate cut ...
Wall Street's main indexes opened slightly lower on Friday as investors held back after a jump in the previous session that ...
Wall Street jumps to record highs as global markets cheer Fed rate cut.
"A soft landing is the most likely economic scenario which makes the current environment most comparable to the mid-1990s," ...
U.S. stock indexes are stuck ahead of an announcement that’s expected to kick off a series of cuts to interest rates meant to ...
Wall Street's main indexes jumped at the open on Thursday, with the S&P 500 notching an intraday record high after the ...
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