Wall Street, Federal
Warren advocates for a bigger Fed rate cut, even as Wall Street cheers
Fed Chair Jerome Powell announced a half percent cut to benchmark interest rates on Wednesday — the first cut since March 2020. While a half percent cut is considered large, Massachusetts Sen. Elizabeth Warren wanted more.
Wall Street's new era off to rocky start despite big Fed cut
In the aftermath, economists and traders moved to adjust their forecasts and wagers to account for the Fed’s new narrative. Goldman Sachs Group projected a longer string of consecutive cuts, while JPMorgan Chase’s economists reiterated their call for another half-point reduction in November even as they pointed to jobs data as key to their view.
Stock market today: Wall Street rises toward records as jubilation sweeps markets worldwide
Markets in Europe and Asia shot higher on Thursday after the Federal Reserve kicked off its efforts to prevent a recession in the U.S. with a bigger-than-usual cut to interest rates. U.S. futures were higher after a lackluster response on Wall Street to the Fed's move the day before.
6 Wall Street experts share why investors could be overestimating how much the Fed will cut rates after August's inflation report
Core CPI came in hot in August, and many on Wall Street think rate-cut expectations are too high.
Wall Street indexes bounce back as investors await inflation data, Fed rate cuts
Wall Street's three major indexes gained more than 1% on Monday as investors looked for bargains after the previous week's sell-off while they also waited for inflation reports in coming days and the Federal Reserve's next policy decision next week.
Anticipated Rate Cut Leaves Wall Street Near Record High
Ahead of the expected interest rate cut announcement by the Federal Reserve U.S. stock indexes are holding close to their records. The S & P 500 was little changed in early trading Wednesday while the Dow Jones Industrial Average slipped 71 points,
Stock market today: Wall Street stays stuck in place as it counts down to a rate cut
U.S. stock indexes remained stuck in place as Wall Street made few big moves ahead of what’s expected to be the first cut to interest rates in more than four years.
Wall Street stays stuck in place as it counts down to a Fed rate cut
U.S. stock indexes remained stuck in place as Wall Street waited for the Federal Reserve to make its first interest rate cut in more than four years.
Wall Street advances as traders' bets rise for bigger Fed rate cut
Wall Street's main indexes closed higher on Friday as investors honed in on the chance of a bigger interest rate cut by the Federal Reserve next week, with rate-sensitive small cap stocks outperforming.
Wall Street Can't Make Up Its Mind About How Big the Fed's Rate Cut Will Be
Key Takeaways Markets on Friday saw a nearly 50/50 chance the Federal Reserve would cut interest rates by half a percentage point at its pivotal policy meeting next week.Former New York Fed President Bill Dudley said at a conference on Friday that signs of a weakening labor market made a "strong case" for a cut of that size.
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