Tag: Fed
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A Fed rate cut with the stock market at a record high? Here’s what history says.
In those instances, stocks tended to rise on decision day (not including Wednesday) — up 71.4% of the time with a median gain of...
Wall Street’s New Era Off to Rocky Start Despite Big Fed Cut
(Bloomberg) -- Jerome Powell delivered exactly what traders up and down Wall Street had long hoped for: A big interest-rate cut that would justify...
Morning Bid: Fed goes big, markets yo-yo
By Jamie McGeever(Reuters) - A look at the day ahead in Asian markets."Go big, and go bold," was the advice to Fed Chair Jerome...
Investors increasingly expect a soft landing ahead of the Fed’s crucial decision
Investors are growing increasingly confident that the global economy can achieve a soft landing, in which inflation retreats without a large drawdown in economic...
Gary Cohn says Fed rate cuts already priced into mortgage market
(Bloomberg) — The Federal Reserve’s expected rate cuts this week won’t provide much relief to homebuyers facing high borrowing costs, according to Gary Cohn,...