The Fed Just Cut Interest Rates. It May Signal a Big Move in the Stock Market.
The federal funds rate is a benchmark that influences other interest rates throughout the economy. The Federal Reserve doesn't control the federal funds rate directly. Instead, it uses various monetary policy tools to steer the benchmark toward a target range, which is currently 4.75% to 5%.
Fed officials also forecast continued rate cuts over the coming months and into next year, generating optimism the central bank will be able to engineer a soft landing for the economy and reducing the ...
The S&P 500 eked out a slight gain in a subdued session while the Nasdaq fell on Monday, weighed down by a drop in technology ...
U.S. stocks are pulling back Friday from the records they set the day before during a worldwide rally.The S&P 500 was 0.5% ...
Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Investor expectations had largely shifted towards a dovish outcome in the days leading up to the Fed's move on Wednesday, ...
After years of hiking and maintaining high interest rates, the Federal Reserve is likely to enact its first rate cut of this ...
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