Stock Traders ‘Sell the News’ After Fed Goes Big: Markets Wrap
Stocks rose after the Federal Reserve’s decision to cut rates by a half-point, with traders now shifting gears to Jerome ...
EconoTimes56m
Fed slashes rates by a half-point – what that means for presidential election
In a widely anticipated move, the Federal Reserve announced on Sept. 18, 2024, that it was cutting its benchmark interest ...
The Fed says its long-awaited rate cut is apolitical, even close to the presidential election
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 ...
NBC New York1d
What time is the Federal Reserve meeting?: Here's what to know about a possible interest rate cut
Following the announcement on an interest rate cut, Federal Reserve Chair Jerome Powell will hold a news conference at 2:30 p.m. ET. For now, the bet on Wall Street is that the Federal Reserve ...
Stocks Briefly Touch Record Highs After Fed Opts For Bigger Interest Rate Cut
Investors’ giddy reaction turned slightly negative to the hotly anticipated Federal Reserve decision to lower interest rates ...
Fed chops key interest rate by a sizable half-point, turns focus to more jobs
The rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the job market, which has shown ...