By Casey Harper | The Center Square (Worthy News) – The U.S. Federal Reserve Board on Wednesday announced a slight cut to the federal funds rate, the first cut since March of 2020, when rates were near 0%. Federal Reserve Chair Jerome Powell pointed to good data on the job market like unemployment, labor force participation and fewer job vacancies. “They say this is still a solid labor market,” Powell said, referring to the data points. “Because…

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Fed Announces Cut To Federal Interest Rate, Driving Stocks Up

New York, United States — Wall Street stocks dipped Wednesday after the Federal Reserve announced a half a percentage-point interest rate cut and its chair promised a “careful” approach to lowering rates following progress in countering US inflation. Policymakers voted 11-to-1 in favor of dropping the central bank’s benchmark rate to between 4.75 percent and

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US stocks dip despite larger Fed interest rate cut

The main catalyst for this session was the announcement of monetary policy by the Federal Open Market Committee (FOMC), which initially pushed two of the main New York indices to record highs, which erased their progress after Fed President Jerome Powell warned that today's cut of 50 basis points does not determine the pace at which the next adjustments will take place. After that, the closures on Wall Street left red slates, where the Nasdaq lo…

El principal catalizador de esta sesión fue el anuncio de política monetaria por parte del Comité Federal de Mercado Abierto (FOMC, por sus siglas en inglés), que inicialmente empujo a dos de los principales índices neoyorquinos a máximos históricos, los cuales borraron sus avances luego de que el presidente de la Fed, Jerome Powell, advirtió que el recorte de hoy, de 50 puntos base, no determina el ritmo en el que se darán los próximos ajustes.…

Wall Street cierra ‘desilusionado’ pese a recorte de la Fed en tasa base

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Wall Street closes' disappointed 'despite Fed's base rate cut

Wall Street registered high volatility and closed with declines following the Federal Reserve's decision to lower interest rates by 50 basis points. Investors...

Wall Street ha registrado una elevada volatilidad y ha cerrado con caídas tras la decisión de la Reserva Federal de bajar los tipos de interés en 50 puntos básicos. Inversores...

Wall Street cierra con caídas tras la decisión de la Reserva Federal

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Wall Street closes with declines after the Federal Reserve decision

In the US, as the stock exchange closed, all three main Wall Street indexes were in the negative after the Fed, the US Federal Reserve, cut its key interest rate by 0.5 percentage points.The technology-focused Nasdaq, the broader S&P 500 and the industrial-weighted Dow Jones all closed down 0.3 per cent.Ahead of the interest rate decision, the market had been betting on both a 0.25 percentage point and a 0.5 percentage point decline, but The Fed…

Yhdysvalloissa pörssin sulkeutuessa kaikki kolme Wall Streetin tärkeintä indeksiä olivat miinuksella sen jälkeen, kun Yhdysvaltain keskuspankki Fed alensi ohjauskorkoaan 0,5 prosenttiyksikköä.Teknologiapainotteinen Nasdaq, laaja-alaisempi S&P 500 ja teollisuuspainotteinen Dow Jones sulkeutuivat kaikki 0,3 prosentin laskussa.Markkinoilla oli korkopäätöksen edellä veikkailtu sekä 0,25 prosenttiyksikön että 0,5 prosenttiyksikön laskua, mutta Fed pä…

Wall Street sulkeutui miinuksella Fedin ohjauskorkopäätöksen jälkeen

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Wall Street closes in minus after Fed's key interest rate decision

The U.S. Federal Reserve Board on Wednesday announced a slight cut to the federal funds rate, the first cut since March of 2020, when rates were near 0%.

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Fed announces cut to federal interest rate, driving stocks up | The Highland County Press

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Fed's interest rate cut with graphics - Bloomberg HT

(The Center Square) – The U.S. Federal Reserve Board on Wednesday announced a slight cut to the federal funds rate, the first cut since March of 2020, when rates were near 0%. Federal Reserve Chair Jerome Powell pointed to good data on the job market such as unemployment, labor force participation and fewer job vacancies. “They say this is still a solid labor market,” Powell said, referring to the data points. “Because we have been patient and h…

Fed Announces Cut To Federal Interest Rate, Driving Stocks Up

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