Tag: the Federal Reserve
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Wall Street Reacts to ‘Dovish’ First Fed Rate Cut in 4 Years
(Bloomberg) -- Traders added to bets on further easing by the Federal Reserve and the dollar ticked lower after the US central bank cut...
S&P 500, Gold Strike All-Time Highs, Small Caps Rally After Fed Slashes Interest Rates For First Time In 4 Years (UPDATED)
Editor’s note: This story has been updated with additional information. Markets are bouncing Wednesday afternoon following the Federal Reserve’s decision to cut rates by...
Instant view: Fed slashes rates 50 bp in first easing since pandemic hit
(Reuters) - The Federal Reserve cut interest rates by half of a percentage point on Wednesday, kicking off what is expected to be a...
The Federal Reserve is finally lowering rates. Here’s what consumers should know
NEW YORK (AP) — The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans,...
Bank of America Takes a Bullish Stance on These 2 Stocks
The Federal Reserve’s FOMC committee will meet today, and with the pace of inflation down to an annualized rate of 2.5%, the conventional wisdom...