Stocks Hit Record High a Day After Fed’s Big Interest Rate Cut
WEB18 hours ago · The S&P 500 rose 1.7 percent on Thursday, rallying a day after the Federal Reserve cut interest rates by half a percentage point. The S&P 500 plotted weekly The vertical scale is adjusted to show ...
Stock market today: Most of Wall Street edges lower after Fed …
WEB1 day ago · Most of the U.S. stock market edged lower after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates. ... The news conference of Federal’ Reserve Chair Jerome Powell appears on a screen as trader Neil Catania works on the floor of the New York Stock Exchange, Wednesday, Sept. 18 ...
Live updates: First Fed rate cut since Covid | CNN Business
WEB1 day ago · U.S. Federal Reserve Chair Jerome Powell speaks to media during a press conference after a meeting of the Federal Open Markets Committee, at the Federal Reserve, in Washington, D.C., on July 31 ...
Now That Rates Are Falling, Let’s Turn to Other Matters
WEB10 hours ago · A consensus of Fed policymakers projected that the federal funds rate, now in the 4.75 to 5 percent range, would fall to about 4.4 percent by the end of 2024, to 3.4 percent by the end of 2025 and ...
The Fed Makes a Large Rate Cut and Forecasts More to Come
WEB2 days ago · Fed officials predicted that they would cut interest rates to 4.4 percent by the end of the year — much lower than the 5.1 percent they had been expecting in June, when they last released ...
Stock market news today: Dow and S&P 500 updates - CNN
WEBJun 15, 2022 · US stocks jumped on Wednesday afternoon after the Federal Reserve announced it will increase interest rates by an aggressive three-quarters of a percent. Wednesday’s rate hike – the largest in 28...
Federal Reserve goes big with half-point interest rate cut ... - NBC News
WEB2 days ago · Sept. 18, 2024, 2:00 AM PDT / Updated Sept. 18, 2024, 11:50 AM PDT. By Rob Wile. The Federal Reserve said Wednesday it was lowering its key interest rate by half a percentage point, an unusually ...
Fed Cuts Rates by Half Percentage Point - WSJ
WEB1 day ago · The central bank’s decision brings the benchmark federal-funds rate to a range between 4.75% and 5% and follows an all-out fight against inflation launched two years ago.
Stock market today: Wall Street rallies near its record heights as ...
WEBAug 23, 2024 · NEW YORK (AP) — U.S. stocks rallied close to their records Friday after the head of the Federal Reserve finally said out loud what Wall Street has been expecting for a while: Cuts to interest rates are coming soon to help the economy.
Dow and S&P 500 updates: Stock market news | CNN Business
WEBFeb 1, 2023 · The Federal Reserve raised rates by a quarter point at the conclusion of its two-day Open Markets Committee meeting. That marks the smallest rate hike since March 2022. Since then, the Fed...