The U.S. dollar edged lower on Thursday after a larger than usual interest rate cut from the U.S. Federal Reserve that had been priced in by markets. The Fed on Wednesday kicked off its monetary easin
Asian stocks have surged, with Japan’s Nikkei 225 index leading gains after Wall Street romped to records following the Federal Reserve’s big cut to interest rates
The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfu
European markets traded lower on Friday after Asian stocks surged, as a rally driven by the Federal Reserve’s big cut to interest rates faded. Germany’s DAX lost 1.0% to 18,813.20 and the CAC 40 in Paris slipped 1.
Markets on Wall Street were positioned to open at record highs Thursday after the Federal Reserve issued a bigger-than-usual interest rate cut intended to fortify a cooling labor market and prevent a
The U.S. dollar edged lower on Thursday after a larger than usual interest rate cut from the U.S. Federal Reserve that had been priced in by markets. The Fed on Wednesday kicked off its monetary easin
The Fed cut interest rates by half a percentage point yesterday—the first cut in four years and double the 25 basis points that many expected from the central bank. And yet the markets dipped down, perhaps because of a perceived disconnect between Fed Chair Jerome Powell’s sunny prognosis that “the economy is in good shape” and the committee’s bold action that suggests a possible recession on the horizon.
Wall Street is rising toward records Thursday as a delayed jubilation sweeps markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 was 2% higher in afternoon trading and above its all-time closing high set in July.
The U.S. dollar rose broadly on Thursday, recovering from an earlier tumble in the immediate aftermath of the Federal Reserve's outsized interest rate cut that had been largely priced in by markets. The U.
U.S. stocks closed with modest losses on Wednesday, well off their intraday highs, after the Federal Reserve cut interest rates by 50 basis points, the high side of estimates for its first cut in more than four years.
While lower interest rates will ultimately help with everything from credit card charges to buying a house, analysts warn that it may take months for these benefits to seep down to consumers.
The US central bank has cut interest rates by more than expected in its first reduction in over four years. The Federal Reserve said it would lower the target for its key lending rate by 0.5 percentage points,
The dollar dropped after the Federal Reserve on Wednesday cut interest rates by half a percentage point, citing greater confidence that inflation will continue to recede to the U.S. central bank's 2% annual target.
The Federal Reserve said Wednesday it was lowering its interest rate by 0.5%, an unusually aggressive move that some may see as the central bank expressing concern about underlying weakness in the economy.
Federal Reserve officials are scheduled on Wednesday to announce an interest-rate decision and release a fresh set of economic projections. Policymakers have held interest rates in a range of 5.25 to 5.
Wall Street's main indexes slipped in volatile trading on Wednesday ahead of the Federal Reserve's highly anticipated first interest rate cut in more than four years, with jitters over the magnitude of the reduction dominating mood.
The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame inflation but that also made borrowing painfully expensive for American consumers.
The Fed’s rate cut will touch every corner of our financial lives, from the cost of borrowing money to buy a home or car to how much cash earns in the bank. How quickly the effects reach your wallet w
Don't break out the bubbly just yet. A resilient U.S. economy and a protracted path to the Federal Reserve's 2% annual inflation target could mean that interest rates remain "relatively higher for longer,
Wall Street is hanging near its records after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates. The S&P 500 was 0.2% higher in afternoon trading Wednesday,
Do rate cuts with the stock market at or near all-time highs provide bulls additional fuel or do they portend trouble ahead? Dow Jones Market Data ran back the tape. They found that since 1990, the Fe