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Fed’s Bowman Says Big Rate Cut Could Be Seen
The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in order to avoid roiling markets. But Wall Street was mostly clueless this week when it came to predicting how big a rate cut the Fed would deliver on Wednesday.
Stock Market Today: Dow finishes above 42,000 for first time in history after Fed's big rate cut
The Federal Reserve's closely followed overnight reverse-repo facility already has begun to reflect Wednesday's big interest-rate cut. Wall Street firms rushed to park extra cash overnight at the facility in the wake of the pandemic,
Wall Street Can't Make Up Its Mind About How Big the Fed's Rate Cut Will Be
Market participants increased their bets on Friday that the Federal Reserve will move aggressively when it starts cutting interest rates next week.
7h
on MSN
Futures slip after Wall Street's rally on Fed's rate cut
U.S. stock index futures edged lower on Friday, pausing after the previous session's rally set Wall Street's main indexes on ...
2d
on MSN
Wall Street stays stuck in place as it counts down to a Fed rate cut
U.S. stock indexes remained stuck in place as Wall Street waited for the Federal Reserve to make its first interest rate cut ...
1d
Wall Street jumps to record highs as global markets cheer Fed rate cut
Wall Street jumps to record highs as global markets cheer Fed rate cut.
3h
on MSN
Wall Street slips after rate cut rally, dollar steadies
Wall Street slid from the previous session's record highs and the dollar steadied on Friday as the market knuckled down to ...
devdiscourse
22h
Wall Street Hits Record Highs Amid Aggressive Fed Rate Cut
Wall Street indexes soared to record highs following the Federal Reserve's significant interest rate cut, which enhanced ...
WBUR
1d
Warren advocates for a bigger Fed rate cut, even as Wall Street cheers
Fed Chair Jerome Powell announced a half percent cut to benchmark interest rates on Wednesday — the first cut since March ...
6d
Wall Street advances as traders' bets rise for bigger Fed rate cut
Wall Street's main indexes closed higher on Friday as investors honed in on the chance of a bigger interest rate cut by the ...
2d
Wall Street inches modestly higher ahead of presumed Fed interest rate cut
Wall Street ticked slightly higher early Wednesday as markets awaited an expected interest rate cut by the U.S. Federal ...
5h
on MSN
Surprised by how fast the market reacted to the Fed's rate cut, says Morgan Stanley's Andrew Slimmon
Andrew Slimmon, senior portfolio manager at Morgan Stanley Investment Management, joins ‘Squawk Box’ to discuss Wall Street's ...
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