US monetary policy still restrictive, two Fed officials say
11 hours ago · The Federal Reserve's policy rate continues to act as a brake on the resilient labor market and on inflation that is still above the 2% target, two U.S. central bankers said on Tuesday, a view ...
Stock market today: S&P 500, Nasdaq hit records as Fed cuts …
5 days ago · The move higher in stocks comes ahead of the Federal Reserve's interest rate decision. The Dow Jones Industrial Average (^DJI) inched up 0.1% while the S&P 500 (^GSPC) rose roughly 0.3%. The tech ...
Fed Cuts Rates Again - The New York Times
5 days ago · The Fed’s move comes just days after America elected Donald J. Trump as its next president, and at a moment when the U.S. economy stands on the brink of change. Fed officials lowered interest ...
Fed meeting today: Interest rates cut by quarter-point as Powell ...
5 days ago · Fed Chairman Jerome Powell said the U.S. economy is in very good condition, but "people are still feeling the effects of high prices." The economy and inflation were the top concerns of swing ...
U.S. Federal Reserve News | Today's Latest Stories | Reuters
6 days ago · Financial markets are heading into this week's Federal Reserve meeting with more clarity over the outlook for the U.S. central bank's ongoing balance sheet drawdown than they've had in a...
Fed Meeting Today: FOMC Cuts Rates by a Quarter Point; Powell …
5 days ago · The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday in a move that preserves flexibility as officials contend with a cooling labor market and lower inflation ...
Fed meeting recap: Powell ‘feeling good’ about economy, says …
5 days ago · Federal Reserve Chair Jerome Powell speaks during a news conference following the Nov. 6-7 Federal Open Market Committee meeting at William McChesney Martin Jr. Federal Reserve Board Building in ...
Stocks Hit Record High a Day After Fed’s Big Interest Rate Cut
Sep 19, 2024 · Stocks on Wall Street notched new highs on Thursday, after a momentous cut to interest rates from the Federal Reserve invigorated a global market rally.
Fed Announces Big Rate Cut - The New York Times
Sep 18, 2024 · Federal Reserve Cuts Interest Rates for the First Time in Four Years. Today, the Federal Open Market Committee decided to reduce the degree of policy restraint by lowering our policy...
Markets rise after Federal Reserve hits pause again on rate hikes - CNN
Nov 1, 2023 · US markets soared higher Wednesday, rebounding after a dismal October and three straight months of losses. The Dow rose by 221 points, or 0.7%, in Wednesday trading. The S&P 500 hit a session...