The Federal Reserve made its biggest cut to the benchmark rate in 16 years on Wednesday, reducing the benchmark rate by 50 basis points. The first rate cut in 4 years brings the benchmark rate to a ...
U.S. bond yields traded just shy of two week highs early Friday as Wednesday's jumbo interest rate cut by the Federal Reserve continued to be absorbed and traders noted recent better news on the U.S.
The Federal Reserve's aggressive interest-rate cut this week could provide some breathing space to distressed companies, according to Howard Ehrenberg, a partner at law firm Greenspoon Marder's ...
"Free-riding cash is going to be going away," said Brendan McCarthy, global head of ETF distribution at Goldman Sachs Asset Management, in a phone interview. "Now that the Fed is easing, people are ...
Good news for those building up their 401(k)s: the Dow Jones Industrial Average and S&P 500 closed at record highs after the ...
NEW YORK — Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal ...
The Federal Reserve cut its policy rate by an aggressive half-point because it is more worried about the labor market than Federal Reserve Chair Jerome Powell let on, former New York Fed President ...
Nicholas Colas, co-founder of DataTrek Research, said recalibration was Powell's "word of the day" as he laid out a credible argument that appeared to convince investors that the larger-than-usual cut ...
The U.S. stock market was already priced two-thirds of the way for a 50 basis point cut. So they basically delivered on what they market was already discounting. It was probably the appropriate move ...
Treasury yields finished higher for a third straight session on Thursday after fresh U.S. economic data indicated that the labor market and factory sector were continuing to hold up. What happened The ...
Mortgage rates aren't tied to the Fed's moves on interest rates. Rather, mortgage rates typically fall in advance of a Fed rate cut, because investors are trying to anticipate where the central bank ...
The rate cut "could support economic activity and stimulate energy demand in the U.S., contributing to higher oil prices. However, the large move also sparked concerns about a potential economic ...