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Fed Makes 1st Rate Cut Since 2020
US Fed announces large rate cut, but Wall Street wants more
The move was significant given that in July Powell said the Fed was not even considering a 50 basis point reduction.
The Fed’s Half Percentage Point Rate Cut Could Mean Worry
Many are ecstatic about the 0.5 percentage point rate cut the Fed delivered. But there are good reasons to think it comes from concern and not optimism.
Fed Announces Big Rate Cut
We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell, said, referring to the central bank’s decision to cut interest rates by half a point.
35m
Fed's long-awaited rate cut raises hopes for home, auto sales
The half-point reduction is expected to kick off a series of reductions extending into 2025, providing relief for prospective ...
8h
on MSN
Fed Chair Powell: We're now in a good position to manage risks
Federal Reserve Chair Jerome Powell takes questions from reporters after announcing that the Central Bank has lowered ...
7h
on MSN
Dow leaps to all-time high — then tumbles after Fed slashes rates by half-point
After surging as much as 375 points to an all-time high after the Fed announcement, the Dow turned negative in late trading ...
2h
on MSN
Fed rate cut should bring debt relief to Hawaii borrowers
After today’s Fed Reserve rate cut, consumers should see a dip in debt payments with adjustable rates, like credit cards, ...
10h
Fed policymakers see end-2024 policy rate at 4.4%: projections
U.S. central bankers think they’ll need to lower interest rates to a range of 4.25%-4.50% by year-end, more than they ...
16h
on MSN
Smith: The Fed should be more measured now instead of making a big, bold move
Wells Fargo Advisors' Mark Smith says he doesn't see the need for a 50 basis point rate cut based on the economic data, and ...
Opinion
18h
Opinion
Paul Krugman: ‘We Beat Inflation.’ Here’s What the Fed Should Do Now.
The economist and New York Times Opinion columnist Paul Krugman makes the case for aggressive rate cuts by the Federal ...
1d
Stock Market Today: Dow futures hold record highs as Fed rate cut looms
SolarEdge Technologies is down 5% after shares of the solar-power-equipment maker were downgraded to Underperform from Hold ...
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