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.
Prominent Republicans have questioned the timing and size of the Fed rate cut ahead of the November presidential election.
They were not, though, in a panic or worried about an imminent recession. Instead, they were thinking that the old interest ...
The Federal Reserve's recent interest rate cut has led to varied responses from political figures and economists as the ...
11hon MSN
JPMorgan Chase CEO Jamie Dimon suggests the half-point interest-rate cut is “a minor thing” that Wall Street — not Main ...
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