The Fed decision's lone dissenter worries the bigger rate cut sends a 'premature victory' message to markets
On Wednesday, the Fed decided on a 50-basis-point cut that brought the Fed's policy rate to a range of 4.75% to 5%. The vote was 11 to 1 in favor of the cut, and Bowman's dissent was the first by a ...
Jamie Dimon: Only 5% of everyday Americans probably know about the Fed's historic interest-rate cut
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 ...
Asian markets track Wall Street record to extend global rally
Asian markets rose Friday to build on the latest global rally after a jumbo US interest rate cut this week, while the yen ...
US Stocks Mixed As Fed Officials Explain Rate Cut Decision
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.
Wall Street closes its record-setting week mixed
NEW YORK — A record-setting week for Wall Street closed on a quieter note Friday, as U.S. stocks drifted around the highs ...
Wall Street closes its record-setting week mixed as FedEx slumps and Nike jumps
U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note ...
Equities end flat but Dow ekes out record in strong week
Wall Street's main indexes opened slightly lower on Friday as investors held back after a jump in the previous session that ...
Rivian (RIVN) stock: EV maker’s shares slip despite Fed’s rate cut
Rivian Automotive Inc. (NASDAQ: RIVN) saw its shares drop by 7.5% to $12.17 during Friday's trading session, reflecting a ...
Stock market today: Wall Street edges back from its records as FedEx slumps
A record-setting week for Wall Street is closing on a quieter note Friday, and U.S. stocks are pulling back from their highs ...
Wall St Week Ahead: Investor focus turns to data, election, earnings after Fed cut
A roaring rally in U.S. stocks will face a gauntlet of economic data, looming political uncertainty and a corporate earnings ...
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 ...