Don't break out the bubbly just yet. A resilient U.S. economy and a protracted path to the Federal Reserve's 2% annual inflation target could mean that interest rates remain "relatively higher for longer,

Though Wall Street was all but certain the Fed would announce its first rate cut since March 2020 on Wednesday, the market was split almost down the middle on whet

Investors could rake in extraordinary gains in the stock market over the next two years if the Federal Reserve starts cutting rates on Wednesday and avoids a recession. That's the takeaway from Jim Reid,

Wall Street stocks finished little changed Tuesday as investors weighed how better than expected retail sales data would affect a Federal Reserve decision.

Stocks shot higher on Wednesday after the Federal Reserve cut interest rates by 50 basis points, the high side of estimates for its first cut in more than four years. In afternoon trading, the Dow Jones Industrial Average jumped 375 points to hit an all-time high of 41,