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.
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.
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 briefly after Fed cuts rates 50 basis points
U.S. stocks shot higher on Wednesday after the Federal Reserve cut interest rates by 50 basis points, the high side of estimates for its first cut in more than four years. Citing a "greater confidence" that inflation is moving towards the central bank's 2% target,
Why Wall Street Probably Doesn't Want a Big Interest Rate Cut Next Week
Wall Street is finally confident it knows what the Federal Reserve will do at its policy meeting next week, and a bigger-than-expected interest rate cut may not be a welcome surprise.
Most of Wall Street edges lower after Fed delivers a big cut to rates
U.S. stock indexes are stuck ahead of an announcement that’s expected to kick off a series of cuts to interest rates meant to prevent a recession.
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.
Stock market today: Wall Street rises toward records as jubilation sweeps markets worldwide
Asian markets forged 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.
Stock market today: Wall Street leaps toward records as jubilation sweeps markets worldwide
Wall Street is rising toward records as a delayed reaction of jubilation sweeps markets following the Federal Reserve’s big ...
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The stock market risks keeping Wall Street's biggest bulls up at night
"From a sentiment perspective, we're one bad macro data point away from a pullback," BMO's Brian Belski told Business Insider ...
Federal Reserve signals end to inflation fight with a sizable half-point rate cut
The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two ...