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 order to avoid roiling markets. But Wall Street was mostly clueless this week when it came to predicting how big a rate cut the Fed would deliver on Wednesday.
U.S. stocks are drifting in early trading after leaping to records the day before as part of a worldwide rally.
Wall Street's main indexes opened slightly lower on Friday as investors held back after a jump in the previous session that ...
Wall Street jumps to record highs as global markets cheer Fed rate cut.
U.S. stock indexes are stuck ahead of an announcement that’s expected to kick off a series of cuts to interest rates meant to ...
Wall Street's main indexes jumped at the open on Thursday, with the S&P 500 notching an intraday record high after the ...
"A soft landing is the most likely economic scenario which makes the current environment most comparable to the mid-1990s," ...
Traders in Asia will also look toward August consumer prices index from Japan and Hong Kong, and central bank decisions from ...
The Fed is cutting into one of the stronger economies we've seen in years," Yardeni Reseach's Eric Wallerstein told Fortune.
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