Market, Fed
Fed Announces Big Rate Cut
We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell, said, referring to the central bank’s decision to cut interest rates by half a point.
Large Fed Rate Cut Drives Global Markets Higher
The cut, and the prospect of more before the end of the year, pushed MSCI's 47-country world stocks index close to a record high. Wall Street futures were up after the S&P 500 hit its own all-time peak overnight [.N], and Europe also opened strongly. [.EU]
What the Fed rate cut means for mortgages, loans and credit cards
The Federal Reserve has made its first rate cut in 14 months, with more expected in 2024. Here are the smart money moves to consider.
Federal Reserve lowers interest rates by 0.50 percentage points in first cut since 2020
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
Fed goes with half-point interest rate cut. What that means.
If the Fed cuts interest rates today, borrowers will likely see interest rates ease off their peaks on things like credit cards and auto loans.
The Fed is finally about to cut interest rates. What took so long?
It’s a pivotal week for the US economy, with the Federal Reserve expected to cut interest rates for the first time since 2020. The move would mark a major milestone both for the central bank’s long fight with inflation and for Americans battling a higher cost of living for the past two years.
Dow jumps to another all-time high day after Fed delivers big rate cut
Wall Street rallied on Thursday with the Dow and S&P 500 hitting another intraday record high — a day after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction and forecast more cuts were on the horizon.
US Stocks Fail Chart Test on Fed Cut, Showing Lack of Momentum
The US stock market’s reaction to the Federal Reserve’s half-point interest rate cut suggests that all-time high fatigue is still in play.
US Stocks Rise As Market Digests Big Fed Rate Cut
Wall Street stocks rose early Thursday as the market continued digesting the Federal Reserve's interest rate cut, which was larger than some analysts had expected.
Stock Index Futures Inch Lower as Euphoria Over Fed Rate Cut Ebbs, FedEx Results Disappoint
S&P 500 E-Mini futures (ESU24)are down -0.15%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.23% this morning as market participants assessed the outlook for interest rates while also gearing up for the so-called triple-witching event later in the day.
U.S. Stock Futures Jump on Fed's Big Rate cut
Pre-market futures are feeling themselves this morning. We’d just passed the crucible of the “higher for longer” term of interest rates from the Fed — a series of sometimes significant rate hikes from March 2022 through July 2023,
Fed to cut rates by 25bps in Nov and Dec, approach neutral level sooner
The U.S. Federal Reserve will cut the federal funds rate by 25 basis points in both November and December, according to a strong majority of over 100 economists in a snap Reuters poll.
Mohamed El-Erian Charts Fed Rate Path Ahead Of Next Week's FOMC Meeting: Interest Rates Could Bottom At 3% By 2026
Erian, Chief Economic Advisor at Allianz, has outlined key expectations and market pricing ahead of next week’s Federal ...
Bitcoin bulls target $64K BTC price hurdle as US stocks eye new record
“The US 2Y/10Y treasury spread, an indicator of recession, has been inverted since July 2022 but has recently steepened to ...
Stocks and dollar gain as Fed charts 'soft landing' path
The dollar bounced, long-dated bond yields were up and Asian stocks mostly rose after the U.S. Federal Reserve began its ...
Influential labour union says it won't endorse a candidate for president
The Biden administration has been saying for months that the post-Covid surge in inflation is over. On Wednesday, the Federal ...