September Fed Meeting: Fed Cuts Rates For The First Time In Four Years
In a move that was widely anticipated, the Federal Open Market Committee (FOMC) opted on Wednesday to cut its fed funds interest rate by 50 basis points to a new target range of between 4.75% and 5%.
Stock Market Today: Dow slides as post-Fed rally pauses
The U.S. dollar was climbing on Friday after hitting its lowest level of the year earlier this week after the Federal Reserve announced its jumbo 50 basis-point interest-rate cut. The ICE U.S. Dollar
Stock market today: Dow surges 462 points as stocks rally after jumbo Fed rate cut
Indexes rose Thursday as investors digested Wednesday's jumbo rate cut from the Fed and a fall in weekly jobless claims.
What the Fed’s Rate Cutting Plans Mean for the Housing Market
On Wednesday, the Federal Reserve announced a 50-basis-point cut to the federal funds rate, while projecting a comparable reduction through the rest of the year. (A basis point is one
Stock Market Today: Dow finishes above 42,000 for first time in history after Fed's big rate cut
The blue-chip Dow was on pace to ink a milestone, a day after the Federal Reserve cut interest rates in a big way. The Dow Jones Industrial Average was up 1.3%, at last check, trading near 42,030. Should that level hold,
The Fed Went Big With Its First Rate Cut—Here's What Markets Think Will Happen Next
Key Takeaways Traders raised bets that the Federal Reserve would continue to aggressively cut interest rates later this year after the Fed delivered a larger-than-average 50 basis-point cut at Wednesday's meeting.
Stocks Race To Record Highs After Fed Opts For Bigger Interest Rate Cut
After sitting flat as traders sat on pins and needles ahead of the 2 p.m. EDT Fed release, stocks soared, with the leading indexes S&P 500 and Dow Jones Industrial Average each setting new all-time highs immediately Wednesday after the news.
DECODED: Why Fed chose to cut 50 bps interest rate and how it will impact Indian stock market
One of the most immediate effects of Fed rate cut is the shift in global capital flows. That is where emerging markets like India stand to benefit.
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Summit Carbon Solutions holds meetings on Phase II of proposed carbon dioxide pipeline through NW Iowa
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Cambridge School Committee Unveils Plans for ‘Successful’ Year, Punts Superintendent Search Talks
17 School Committee meeting. The move comes months after former Superintendent Victoria L. Greer’s contract was prematurely terminated in late May. Though the School Committee met on June 18 to ...