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.
Stock Market Today: Dow finishes above 42,000 for first time in history after Fed's big rate cut
The Federal Reserve's closely followed overnight reverse-repo facility already has begun to reflect Wednesday's big interest-rate cut. Wall Street firms rushed to park extra cash overnight at the facility in the wake of the pandemic,
U.S. stock index futures edged lower on Friday, pausing after the previous session's rally set Wall Street's main indexes on ...
Wall Street jumps to record highs as global markets cheer Fed rate cut.
U.S. stocks are drifting in early trading after leaping to records the day before as part of a worldwide rally.
The market mood appears to have soured as the index futures slid early Friday, which is expected to be volatile due to the ...
Wall Street's main indexes closed higher on Friday as investors honed in on the chance of a bigger interest rate cut by the ...
"A soft landing is the most likely economic scenario which makes the current environment most comparable to the mid-1990s," ...
Fed Chair Jerome Powell announced a half percent cut to benchmark interest rates on Wednesday — the first cut since March ...
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Andrew Slimmon, senior portfolio manager at Morgan Stanley Investment Management, joins ‘Squawk Box’ to discuss Wall Street's ...
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