Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial economic weakening.
On Wednesday, Fed Chair Jerome Powell announced that the central bank would begin cutting Fed interest rates, starting with a ...
The US Federal Reserve’s 50 bps rate cut signals the start of a new easing cycle after months of speculation. Experts view ...
Indexes rose Thursday as investors digested Wednesday's jumbo rate cut from the Fed and a fall in weekly jobless claims.
Fed Chair Jerome Powell’s remarks following the Federal Open Market Committee’s (FOMC) move to cut its benchmark lending rate ...
Stocks jumped Thursday morning as investors cheered the Federal Reserve’s eye-popping half-point interest rate cut. The Dow ...
The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses.
Global stock markets rallied Thursday, with Frankfurt hitting a record close, after the Federal Reserve delivered a bumper ...