The last time the Federal Reserve cut interest rates in October, Chair Jerome Powell warned Wall Street not to think a December reduction was a “foregone” conclusion. Yet here we are, and investors ...
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Stock market today: Indexes eye record highs on Fed rate cut, Powell's comments; Palantir jumps (live coverage)
The Dow Jones Industrial Average and other major indexes surged toward record highs Wednesday after the Federal Reserve cut interest rates by 25 basis points as expected. Meanwhile, PalantirPLTR ...
Federal Reserve Chair Jerome Powell said the three rate cuts this year have put the central bank's benchmark interest rate closer to a "neutral" level, meaning it is neither boosting nor holding back ...
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