Tag: Federal Reserve
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The stock market got just what it wanted from the Fed
The Fed just issued its first interest-rate cut in four years.Stocks immediately surged to record highs after the announcement before closing lower.Major indexes stayed...
Stock market today: Asian markets forge higher after Fed’s first rate cut in over 4 years
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...
Stocks and dollar gain as Fed charts ‘soft landing’ path
By Tom WestbrookSINGAPORE (Reuters) - The dollar bounced, long-dated bond yields were up and Asian stocks mostly rose after the U.S. Federal Reserve began...
Federal Reserve cuts interest rates by half a percentage point, stocks end lower
The Federal Reserve signaled Wednesday it would lower interest rates two more times this year after it slashed its benchmark federal funds rate by...
The Fed Went Big With Its First Rate Cut—Here’s What Markets Think Will Happen Next
Key TakeawaysTraders raised bets that the Federal Reserve would continue to aggressively cut interest rates later this year after the Fed delivered a larger-than-average...