Stocks moved lower after Federal Reserve Chair Jerome Powell said the central bank is in 'no hurry' on rate cuts.
The Dow ends flat but S&P 500 and Nasdaq add to their steep post-election gains after the Fed trims rates and hints at more ...
Big swings were the backdrop for the Federal Reserve’s interest rate decision and Chair Jerome Powell’s subsequent news ...
On Thursday, at the end of its November meeting, the Fed announced a reduction of 0.25 percentage points in the federal funds ...
On November 7, the Fed cut rates for the second time in this rate cut cycle, lowering the Fed Funds rate 25bp to 4.75% (chart below, darker red line). Fed Funds rate is well above “neutral ...
The Fed meeting starts Wednesday ... the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Money is one of the most widely recognized brands in personal ...
Wall Street's major averages were little changed on Friday, as investors seemed to take a breather from the post election ...
Fed Chair Powell said that while inflation has ... MercadoLibre (MELI) closed down more than -16% to lead losers in the Nasdaq 100 after reporting Q3 adjusted Ebitda of $714.0 million, well ...
Thursday’s rate cut comes after the Fed cut interest rates for the first time in four years back in September, a positive sign the central bank is confident it has inflation under control.
Both the Dow and the Nasdaq are +80 points at this hour ... All eyes will be trained, instead, on the announcement of Fed rate policy this afternoon at 2pm ET. Expectations are for a 25 bps ...
The Nasdaq and S&P 500 both nabbed record closes ... anticipated 25 basis points and investors unpacked comments from Fed Chair Jerome Powell. Treasury yields remained lower in response, with ...