Stock Market Today: Dow finishes above 42,000 for first time in history after Fed's big rate cut
The latest batch of quarterly forecasts from the Federal Reserve showed policy makers have had a change of heart since June about the pace of interest rate cuts in 2024. The latest iteration of the Fed's "dot plot" penciled in two more quarter-point cuts before the end of the year,
After slashing interest rates by a half-percentage point today, the Federal Reserve’s “dot plot” showed that officials ...
Federal Reserve officials significantly lowered their year-end interest-rate forecast in their quarterly Summary of Economic Projections, with the median forecast predicting a total of a percentage ...
Washington Examiner on MSN1d
Fed opts for bigger interest rate cut in first downward revision since pandemicThe Fed’s so-called dot plot shows that most members of the Federal Open Market Committee expect at least one more interest rate cut this year at the committee’s next meetings in November and ...
The Fed's dot plot indicates that there will be additional cuts this year ... to the 4.25% to 4.50% range over the course of two more FOMC meetings in November and December. Further, the ...
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