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.
Usually, the Federal Open Market Committee makes decisions on adjusting its federal funds rate in unison. But not this time.
The Federal Reserve cut interest rates by half a percentage point, signaling a shift in monetary policy and boosting ...
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Federal Reserve’s unexpected policy shiftThe Federal Reserve, the central banking system of the United States, recently wrapped up a pivotal meeting that has left the ...
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U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note.
Asian shares are mostly higher as investors focus on prospects for the U.S. Federal Reserve’s first cut to interest rates in ...
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