Fed officials are betting that a slow-and-steady series of rate declines will keep the economy humming and inflation in check ...
The rate cut is about repairing the Fed’s damaged credibility. “Going big” with 50 basis points is a psychological gambit, to ...
The S&P 500 is hovering just below record territory, driven by a revived rally as bets have grown that the Federal Reserve ...
U.S. stock indexes remained stuck in place as Wall Street waited for the Federal Reserve to make its first interest rate cut ...
Wall Street ticked slightly higher as markets awaited an expected interest rate cut by the U.S. Federal Reserve, the first in ...
Most of the U.S. stock market edged lower after the Federal Reserve kicked off its efforts to prevent a recession with a ...
Wall Street's main indexes were mixed on Wednesday, with the S&P 500 hovering near a record high, as investors awaited more ...
"In other contexts, a larger move may convey greater concern about growth, but Powell repeatedly stressed this was basically ...
Fed Chair Jerome Powell announced a half percent cut to benchmark interest rates on Wednesday — the first cut since March ...
Wall Street is embracing the Fed's 50 basis point cut, and traders are betting on even more aggressive easing before the end ...
It was a momentous move, closing the door on a run where the Fed kept its main interest rate at a two ... of a recession. Wall Street’s initial reaction to Wednesday’s cut was a yawn, after ...
Wall Street's gains followed rallies for markets across Europe and Asia after the Federal Reserve delivered the first cut to ...