The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
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 mostly clueless this week when it came to predicting how big a rate cut the Fed would deliver on Wednesday.
If stocks already were due for a tumble and the economy for a recession, the Fed’s rate cut probably didn’t avert it.
I am a little more skeptical than other people. I give it lower odds.” ...
Lower interest rates might seem like a boon for buyers, but builders are facing a host of problems preventing them from ...
The Dow closed at a record high on Friday. Investors see more gains ahead as the Fed kicks off a new cycle of easing interest ...
U.S. markets closed nearly unchanged on Friday after a rally driven by a Federal Reserve interest-rate cut. Major indexes saw ...
Shares of major U.S. homebuilders rose in early trading on Thursday as the Federal Reserve's rate-cut cycle is expected to ...
The Federal Reserve cuts interest rates by 50 basis points, signaling confidence in achieving stable prices and full ...
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