The Fed rate cut affects the US dollar. Should international travelers worry?
The Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday, moving ahead with its first rate cut in four years. As a result, the value of the dollar abroad fell slightly. Nevertheless, there's no need to rush to the nearest foreign currency exchange bureau if you have a trip abroad planned in the near future.
Stock Market Today: Dow, S&P 500 on pace for new record closes as stocks look to extend Fed rate-cut rally
Shares of an exchange-traded fund that equally weights stocks in the S&P 500 index were up late afternoon Monday, after back-to-back weekly gains. The Invesco S&P 500 Equal Weight ETF was up 0.5% in late afternoon trading,
Stock market today: Asian markets forge higher after Fed's first rate cut in over 4 years
Asian markets have forged higher after the Federal Reserve kicked off its efforts to prevent a recession in the U.S. with a bigger-than-usual cut to interest rates
Why Fed rate cuts may juice the stock market and your 401(k)
The Fed's interest rate cuts should continue to fuel the stock market as long as the economy avoids recession, experts say. But stocks are overvalued.
Top Fed voice predicts ‘many more rate cuts’ in next year
It’s just not realistic to wait until problems show up,” he said. “If we want a soft landing, we can’t be behind the curve.”
Interest Rate Cuts: A Blessing or a Curse for Your Stocks?
Key Takeaways Since the 1970s, the performance of the S&P 500 has been slightly below average in the 12 months after the first rate cut of a monetary-policy easing cycle.When looking only at rate cuts that have coincided with soft landings,
Stock Market Today: Dow consolidates after Fed rate-cut rally
Federal Reserve officials sent a few messages on Monday. First, they pushed back on worries that the half-point cut last week meant that they were stressed about the economy. At the same time, Atlanta
Fed’s Goolsbee Sees ‘Many More’ Rate Cuts Over the Next Year
Federal Reserve Bank of Chicago President Austan Goolsbee said interest rates need to be lowered “significantly” to protect the US labor market and support the US economy.
Good News for the Stock Market: The Fed Believes Its Jumbo Rate Cut Was a 1-and-Done
Investors are cheering as policymakers expect the labor market to hold steady through a series of smaller cuts into 2025.
We finally got a rate cut. Here’s what history says will happen next
So we finally got a rate cut — and a supersized one at that. After the move was announced Wednesday, Federal Reserve Chair Jerome Powell said officials made that decision to keep the US economy in its current “good shape.
Cantor Fitzgerald’s Howard Lutnick breaks into interest-rate futures market to challenge behemoth CME
Howard Lutnick, the head of investment bank Cantor Fitzgerald and financial-technology company BGC Group, is breaking into ...
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Unofficial exchange rate shows Argentina's de facto devaluation
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U.S. key rate cut sends global gold prices soaring
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Convert Canadian Dollar To United States Dollar
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Convert South African Rand To United States Dollar
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