Traditionally, big Fed interest rate cuts and equity prices hovering near all-time highs are ominous signs for the stock market. Large rate cuts – such as those Fed officials approved and ...
Inflation is slowing so much that some economists said it could pave the way for another big Fed rate cut, if other data suggest one is warranted. By Jeanna Smialek Inflation cooled in August ...
On September 18, at precisely 2:00 pm, the Chairman of the Federal Reserve announced a reduction of 50 basis points (½ of 1%) in the Fed Funds target rate. It was the first rate cut in 4 ½ years ...
Other Fed watchers, like Forbes contributor Erik Sherman, have expressed concerns that even though this change in policy was expected, recalibrating now may be difficult as prices and employment ...
Wall Street commentary around this week’s Fed rate cut could have filled a very long and boring book, but much of what you need to know about its effect on the stock market can be found in a ...
One stock especially rises to the top, though. This stock also has excellent long-term growth prospects that go beyond the Fed's rate cuts. This stock was already hot before the Fed announced its ...
Oct 8 (Reuters) - The Federal Reserve's 50-basis-point interest-rate cut last month was "timely" and was neither reactive, nor proactive, Fed Vice Chair Philip Jefferson said on Tuesday.
The Fed reported that as of Wednesday, the level of its so-called earnings remittance to the Treasury Department stood at negative $201.2 billion. The number represents a paper loss that central ...
The Federal Reserve just cut the fed funds rate for the first time since 2020. Last week, the Federal Reserve's Federal Open Market Committee (FOMC) had its scheduled two-day September meeting ...
Anna Moneymaker / Getty Images Now that the Federal Reserve has begun to lower its key fed funds rate, the question before policymakers is how fast and how far to reduce it in the coming months.
The Fed’s preferred inflation gauge — the core Personal Consumption Expenditures (PCE) index that excludes volatile food and energy prices — clocked in at 2.7% over the prior year during the ...
“The time has come,” stated Fed chairman Jerome Powell back in August at the Jackson Hole central bank symposium. Last week, the Fed cut its federal funds target rate by 50 bps to 5.00% p.a ...