Wall Street ends mixed while inflation data keeps Fed rate-cut …
1 day ago · A Labor Department report showed the consumer price index (CPI) rose 0.2% in October on a monthly basis, compared with estimates of a 0.2% increase, according to economists polled by Reuters. It ...
Fed president confirms confidence in inflation dip as Wall Street …
21 hours ago · Nov 13 (Reuters) - Wall Street's main indexes inched higher on Wednesday after in-line consumer price inflation data kept the U.S. Federal Reserve on track to deliver another interest rate cut in ...
Fed Cuts Rates Again, This Time by a Quarter Point - The Wall Street ...
6 days ago · The Federal Reserve approved a quarter-point interest rate cut Thursday but signaled a little more uncertainty over how quickly it would continue lowering rates, as it seeks to prevent large rate ...
Stock Market News, Nov. 7, 2024: Nasdaq, S&P Gain as Fed Cuts …
Nov 6, 2024 · Next up is the Fed's interest-rate decision, due at 2 p.m. ET. It is widely expected to cut by a quarter-percentage point. Earlier, the Bank of England made its own rate cut, the first major ...
Futures slip as markets await inflation data for clues on Fed's rate …
1 day ago · By Purvi Agarwal and Lisa Pauline Mattackal. (Reuters) -The S&P 500 and the Dow edged higher on Wednesday after in-line consumer price inflation data kept the U.S. Federal Reserve on track to ...
Fed cuts key interest rate a quarter-point but signals ... - NBC News
Nov 7, 2024 · As of Wednesday, Wall Street traders were nearly unanimous that the Fed would cut the federal funds rate, which acts as a benchmark for other borrowing rates in the economy, by a quarter-point ...
Fed’s jumbo cut decision wasn’t unanimous - CNN
Sep 20, 2024 · New York CNN — 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...
Live updates: First Fed rate cut since Covid | CNN Business
Sep 18, 2024 · In a significant shift for the US economy, the Federal Reserve announced a jumbo-sized rate cut Wednesday, its first rate reduction cut since Covid. It’s a major economic milestone both for the...
Fed Meeting, Sept. 18, 2024: Stocks Edge Lower After Fed …
Fed Meeting, Sept. 18, 2024: Stocks Edge Lower After Fed Announces Half-Point Rate Cut. The Federal Reserve lowers interest rates by 50 basis points in first cut since 2020. Last Updated:...
Wall Street soars to record highs in a global market rally after Fed…
Sep 19, 2024 · NEW YORK (AP) — Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 jumped 1.7 percent...