What impact will the Federal Reserve's rate cut have on stocks?
The decision by the Fed's policy-setting committee to cut interest rates for the first time since March 2020 was prefaced by an unusual amount of market uncertainty as to how much the central bank would lower its benchmark rate from a two-decade high of 5.25% to 5.5%, where it has stood since July 2023.
Fed set to cut key interest rate today – but what will the impact be?
The Federal Reserve will make its long-anticipated announcement on key interest rate cuts today – the first since March 2020. Jason Furman, former Chair of the White House Council of Economic Advisors during the Obama Administration,
That’s because rate cuts tend to help the party in power. Lower interest rates boost the economy by making it cheaper for ...
Fed Chair Jerome Powell downplayed the central bank’s role in the race between Vice President Kamala Harris and former President Donald Trump.
Stocks surged to open Thursday trading in the wake of the Federal Reserve’s announcement that it was lowering interest rates ...
On Wednesday morning, the price of bitcoin dropped below $60,000 as markets braced for the Federal Reserve’s upcoming ...
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