Fed Cuts Rates Again, This Time by a Quarter Point
5 days ago · The Federal Reserve approved a quarter-point interest rate cut Thursday but signaled a little more uncertainty over how quickly it would continue lowering rates, as it seeks to prevent large rate ...
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 ...
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 ...
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 ...
Most of Wall Street rises after the Fed cuts interest rates
5 days ago · Nov. 7, 2024 2:43 PM PT. NEW YORK — Most U.S. stocks rose Thursday, as the Federal Reserve cut interest rates again to make things easier for the economy. The Standard & Poor’s 500 index ...
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 ...
The Fed surprised many investors with a jumbo rate cut this week.
Sep 20, 2024 · New York CNN — 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...
Wall Street cruises toward the close of its best week in a year | AP News
5 days ago · NEW YORK (AP) — U.S. stocks cruised to more records as they closed their best week in a year on Friday. The S&P 500 rose 0.4% to cap its biggest weekly gain since early November 2023 and briefly crossed above the 6,000 level for the first time. The Dow Jones Industrial Average climbed 259 points, or 0.6%, while the Nasdaq composite added 0.1%.
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...
Kamala Harris calls Fed interest-rate cut 'welcome news,' says …
Vice President Kamala Harris called the Fed's announcement "welcome news" for Americans who have struggled with high prices, but quickly turned to touting what she would do as president to...