Wall Street Traders Rush for the Exit After Fed’s Rate-Cut Shift
Almost exactly one year after sparking a furious rally in financial markets, Federal Reserve Chair Jerome Powell did the exact opposite on Wednesday, staking out a cautious view on interest-rate cuts in 2025 that stunned investors.
Bank of England, interest rate
The Federal Reserve just cut interest rates, but don't get used to falling borrowing costs: they're likely to stay where they ...
The stock market plunged on Wednesday after the Federal Reserve scaled back its expectations for interest rate cuts next year ...
The Fed doesn't directly set mortgage rates, but it influences them by making changes to the federal funds rate, the interest ...
The Federal Reserve cut its influential federal funds rate on Wednesday, but signaled it may be the last cut for a while.
The Fed's December rate decision reflects growing confidence in the economy's trajectory and the continued moderation of ...
The Dow Jones Industrial Average shed 2.6%, or 1,123 points, closing at 42,327. The S&P 500 lost nearly 3%, closing at 5,872.
To be sure, the central bank has emphasized that it will adjust its rate decisions based on incoming economic data. Evidence ...
The central bank is widely expected to make its third interest-rate cut of 2024 Wednesday, at its last meeting of the year.
The Federal Reserve cut interest rates but signaled fewer cuts would come in 2025, due to the stronger economy and persistent ...
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