Comments from Jerome Powell could set the tone for rate cuts as the market assesses the impact of a Republican sweep in D.C.
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer ...
The new numbers have boosted hopes that more help for the economy will arrive next month from another cut to interest rates.
Nov 13 (Reuters) - Wall Street's main indexes inched higher on Wednesday ... Expectations for a 25-basis point interest rate cut at the Fed's December meeting jumped to 82% after the data, from around ...
Wall Street remains steady as inflation data aligns with expectations, fueling hopes for future interest rate cuts.
Donald Trump is returning to the White House, and the stock market is loving it. Investors, relieved to have a clear-cut election winner and fired up about the prospect of tax cuts and deregulation, ...
The Fed has undertaken four rate-cutting cycle since 2000, the previous three of which foreshadowed trouble for Wall Street.
The core CPI is expected to have risen 0.3% in October. Disney, Home Depot, Alibaba highlight earnings calendar. Bitcoin hits ...
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The Dow Jones gained more than 1500 points on Wednesday after Trump won the 270 electoral votes needed to become the 47th President of the United States.
Mortgage rates skyrocketed even as the Fed cut the overnight federal funds rate twice: by half a percentage point on ...
The Federal Reserve has cut short-term interest rates by 25 basis points. Nevertheless, mortgage rates went up again.