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Federal Reserve, Wall Street and interest rates
Wall Street Climbs on Earnings and Fed Rate Cut Expectations
U.S. stocks were mixed on Thursday as investors waited for the Federal Reserve's decision on interest rates, due later in the day.
Most of Wall Street rises after the Fed cuts interest rates
JPMorgan Chase fell 4.3%, a day after banks decisively led the market on expectations that a stronger economy and lighter regulation would mean fatter profits. It and Goldman Sachs were the biggest reasons for the Dow’s slight loss.
Asian stocks climb on Wall Street's lead; dollar sags after Fed cut
Asian stocks rose broadly on Friday, tracking Wall Street's overnight rise to record highs, as investors digested the Federal Reserve's message for careful interest rate cuts even with expectations for big fiscal spending under incoming President Donald Trump.
NBC New York
4d
Asia-Pacific markets mixed after Fed rate cut boosts Wall Street rally; China's NPC in focus
Hong Kong's monetary authority on Friday
cut
its benchmark interest
rate
by 25 basis points to 5%, mirroring the U.S.
Morningstar
1d
Why the stock market can count on another Fed rate cut in December
I reached these conclusions upon studying the 3-month U.S. Treasury bill BX:TMUBMUSD03M
rate
since January 1954. That
rate
is not the same as the federal funds
rate
over which the
Fed
has ...
3d
US Fed Meeting Highlights: Sensex, Nifty 50 fall, Wall Street rallies after Fed rate cut, US election results
Jerome Powell-led FOMC last reduced the policy rate by 50 bps for the first time in four years in September after leaving it ...
3d
FOMC Preview: 25 Bps Cut To Add Fuel To The Wall Street Rally?
The FOMC meeting today has taken a somewhat back seat to the US election this week. Of course, that was to be expected, but ...
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