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Fed’s Bowman Says Big Rate Cut Could Be Seen
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.
Futures slip after Wall Street's rally on Fed's rate cut
U.S. stock index futures edged lower on Friday, pausing after the previous session's rally set Wall Street's main indexes on track for weekly gains following the Federal Reserve's pivotal stance on monetary policy earlier in the week.
Wall Street stays stuck in place as it counts down to a Fed rate cut
U.S. stock indexes remained stuck in place as Wall Street waited for the Federal Reserve to make its first interest rate cut in more than four years.
3h
on MSN
Wall Street slips after rate cut rally, dollar steadies
Wall Street slid from the previous session's record highs and the dollar steadied on Friday as the market knuckled down to ...
1d
Wall Street jumps to record highs as global markets cheer Fed rate cut
Wall Street jumps to record highs as global markets cheer Fed rate cut.
6h
on MSN
Surprised by how fast the market reacted to the Fed's rate cut, says Morgan Stanley's Andrew Slimmon
Andrew Slimmon, senior portfolio manager at Morgan Stanley Investment Management, joins ‘Squawk Box’ to discuss Wall Street's ...
1d
Wall St surges at open after Fed kicks off easing cycle
Wall Street's main indexes jumped at the open on Thursday, with the S&P 500 notching an intraday record high after the ...
2d
Stock market today: Wall Street inches modestly higher ahead of presumed Fed interest rate cut
Asian shares are mostly higher as investors focus on prospects for the U.S. Federal Reserve’s first cut to interest rates in ...
19h
on MSN
Japan's Nikkei leads gains in Asia Pacific after Wall Street soars on Fed's jumbo rate cut
Traders in Asia will also look toward August consumer prices index from Japan and Hong Kong, and central bank decisions from ...
1d
on MSN
A juicy rate cut and new evidence of a surprisingly resilient economy, Yardeni Research calls it ‘nirvana’
The Fed is cutting into one of the stronger economies we've seen in years," Yardeni Reseach's Eric Wallerstein told Fortune.
1d
Why rate cuts could actually slow the economy instead of sparking growth
Top strategist David Kelly warns of the hidden dangers of a jumbo-sized rate cut after the Fed's recent decision.
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