Search results
Results From The WOW.Com Content Network
In the past week, the Dow Jones Industrial Average broke a 10-day losing streak but recorded a loss of 2.3% for the week. The Nasdaq Composite ( ^IXIC ) shed 1.8%, while the S&P 500 ( ^GSPC ) fell 2%.
The Dow Jones Industrial Average gained nearly 2% for the past week, while the S&P 500 and the tech-heavy Nasdaq Composite added over 1.5%. This week, a fresh reading on the Fed's preferred ...
Last month, Fed policymakers predicted a total of two rate cuts in 2025, down from a previous estimate of four due in part to expectations of elevated inflation.
The Fed hiked the federal funds rate (overnight interest rates) to a two-decade high of 5.33% between Mar. 2022 and Aug. 2023, in order to tame an inflation surge that resulted from pandemic ...
The Fed is widely expected to hold interest rates steady this Wednesday at its first policy meeting of 2024. Investors will be looking for any clues about when cuts could begin. The Fed will ...
Wall Street's main indexes were subdued in choppy trading on Wednesday, as investors anticipated an interest rate cut from the Federal Reserve in its final meeting of the year and awaited clues on ...
In June, Fed officials saw the fed funds rate peaking at 5.1% in 2024, suggesting just one 25 basis point cut to come this year. But the narrative has shifted quite considerably since that time.
U.S. Federal Reserve Board Chairman Jerome Powell delivers opening remarks to the "Fed Listens: Transitioning to the Post-pandemic Economy" listening session in Washington, U.S., September 23, 2022.