The Fed Just Cut Interest Rates. It May Signal a Big Move in the Stock Market.
The federal funds rate is a benchmark that influences other interest rates throughout the economy. The Federal Reserve doesn't control the federal funds rate directly. Instead, it uses various monetary policy tools to steer the benchmark toward a target range, which is currently 4.75% to 5%.
Despite these challenges, the latest report offers some optimism. The four-week average of claims, which smooths out weekly ...
Beyond the immediate headlines generated by the Fed's 50 basis point interest rate cut, it is policymakers' revised outlook ...
20hon MSN
The Federal Reserve announced Wednesday that it was cutting interest rates for the first time in four years. How far will ...
But this time around, I think they will be.
6hon MSN
Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial ...
The big Fed cut alongside news of falling weekly jobless puts the 'soft landing' firmly on track and all stock indexes surged on Thursday - with new record highs for the S&P500 (.SPX) and the ...
The Federal Reserve has at last cut interest rates but our columnist points out a host of concerns that could weigh on ...
U.S. stocks roared higher Thursday, with the Dow Jones Industrial Average topping the 42,000 milestone for the first time ...
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