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The most anticipated Federal Reserve announcement in recent memory was finally revealed on Wednesday and the decision was made to reduce rates from 5-5.25% down to 4.75-5% with a .50% ...
It's worth noting that the Fed chose to slash rates by 50 bps this week, with the Atlanta Fed GDPNow (Q3) forecast at 2.93%.
So earnings should continue to justify rational exuberance. The problem is valuation. Warren Buffett has been raising cash probably because his Buffett Ratio (measured as the S&P 500's price index to ...
They were not, though, in a panic or worried about an imminent recession. Instead, they were thinking that the old interest ...
On Wednesday, the Fed decided on a 50-basis-point cut that brought the Fed's policy rate to a range of 4.75% to 5%. The vote was 11 to 1 in favor of the cut, and Bowman's dissent was the first by a ...
After the Fed’s pivotal interest rate cut this week, policymakers face the question of how much further to reduce borrowing ...
US stocks finished mixed Friday, with the Dow closing at a fresh record as Fed officials spoke out about their recent vote to cut interest rates by half a percentage-point.
Driven by the Federal Reserve’s 0.5% interest rate cut, two of the three major indices set new record highs this week.
JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the ...
The sole holdout in the US Federal Reserve's 11-to-1 vote cementing a larger interest rate cut said Friday that the move "could be interpreted as a premature declaration of victory." ...
Usually, the Federal Open Market Committee makes decisions on adjusting its federal funds rate in unison. But not this time.