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Stocks, Fed and rate cut
The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in order to avoid roiling markets. But Wall Street was mostly clueless this week when it came to predicting how big a rate cut the Fed would deliver on Wednesday.
The Fed Just Made a Pivotal Rate Cut. What Will It Do Next?
After the Fed’s pivotal interest rate cut this week, policymakers face the question of how much further to reduce borrowing costs, and how fast.
The Fed just made a jumbo rate cut. Here are 5 takeaways on what it means for mortgages and more.
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
Wall Street, rate cut
Wall Street dips after rate cut rally, dollar firms
Wall Street closed flat on Friday, hovering near the previous session's record-high close for the Dow and S&P 500, while the dollar firmed as investors digested the Federal Reserve's 50-basis-point cut midweek that started a rate reducing cycle.
Global stocks are mixed as Wall Street's rate cut-fueled rally fades
European markets have opened lower after Asian stocks surged, as a rally driven by the Federal Reserve’s big cut to interest rates fades
Asian Stocks Follow Wall Street's Rate-Cut Rally Higher, as BOJ Stands Pat
Asian stocks have surged, with Japan’s Nikkei 225 index leading gains after Wall Street romped to records following the Federal Reserve’s big cut to interest rates
L.A. County unemployment rate increases slightly
San Diego County Unemployment Rate Climbs Slightly to 5% in August
San Diego County's unemployment rate increased slightly in August, up to 5% from a revised 4.9% in July, and above the year- ago rate of 4.4%,according to figures released Friday by the state Employment Development Department.
L.A. County Unemployment Rate Rose to 5.6% in August
Find out why the county’s unemployment rate increased to 5.6% in August and which industries reported the biggest portions of the net August gain of nearly 14,000 payroll jobs.
Unemployment rates in SoCal counties rise slightly in August
The seasonally adjusted unemployment rate in Los Angeles County rose to 5.6% in August, up from a revised 5.5% in July, according to the California Employment Development Department on Friday. […]
7h
on MSN
Rate cuts might make it cheaper to buy a house, but they won't fix the US housing market's biggest problem
Lower interest rates might seem like a boon for buyers, but builders are facing a host of problems preventing them from ...
1d
The Fed's Massive Rate Cut Has a Huge Silver Lining for Savers Who Missed Out on 5% CDs
Say you've been holding off on signing or refinancing a mortgage because rates were stuck around 7%. Currently, the average ...
10h
on MSN
Jamie Dimon: Only 5% of everyday Americans probably know about the Fed’s historic interest-rate cut
JPMorgan Chase CEO Jamie Dimon suggests the half-point interest-rate cut is “a minor thing” that Wall Street — not Main ...
8h
4 expert tips on making the most of your cash after the first interest rate cut in 4 years
Now that the Fed cut interest rates, you might want to make some changes to keep building wealth. Start looking at CDs and ...
22h
Colorado realtors hope interest rate cut jumpstarts lackluster market
After a slower-than-average summer homebuying season, Colorado realtors hope this week’s interest rate cut will motivate ...
1d
on MSN
Surprised by how fast the market reacted to the Fed's rate cut, says Morgan Stanley's Andrew Slimmon
Andrew Slimmon, senior portfolio manager at Morgan Stanley Investment Management, joins ‘Squawk Box’ to discuss Wall Street's ...
1d
Rate cut Q&A with Globe business columnist Larry Edelman
Boston Globe business columnist Larry Edelman answers the most important questions related to the Federal Reserve’s interest ...
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