Fed rate cut

Despite a brutal $820 billion wipeout in the U.S. stock market and surging oil prices, BlackRock Inc.‘s (NYSE:BLK) CIO of Global Fixed Income, Rick Rieder, believes the Federal Reserve’s current holding pattern on interest rates is the right move. The ‘Episodic’ Nature of...

The Federal Reserve kept the interest rates unchanged for the third time on Wednesday, in line with market expectations. The last time the Fed announced a rate cut was in December 2025. The Federal Open Market Committee, in its statement, noted that while economic activity has been expanding at a...

Mortgage rates are unlikely to plunge after this week's Federal Reserve meeting, but borrowers could see a slow, uneven drift lower rather than an immediate break, economists and housing forecasters say. Fed Rate Cut Largely Priced Into Markets The Fed is widely expected to deliver a quarter-point...

Small-cap and blue-chip stocks advanced in Wednesday morning trading on Wall Street, while technology names lagged and the S&P 500 hovered near record levels as investors braced for the Federal Reserve's interest rate decision. The Federal Open Market Committee will announce its policy move at...

Jerome Powell, the Chair of the Federal Reserve, indicated that the central bank would have implemented a more lenient monetary policy if not for President Donald Trump‘s tariff strategy. What Happened: Powell made the revelation during a panel discussion on Tuesday. He suggested that the Fed...

U.S. stocks could get off to a positive start on Monday after the averages registered a mixed October. While the S&P 500 and Dow Jones snapped their five-month winning streak, the Nasdaq Composite closed in the green buoyed by Big Tech earnings. America goes to polls on Tuesday to elect its...

The U.S. stock market is preparing for a period of volatility as the Federal Reserve signals an imminent reduction in interest rates. Investors are keenly watching upcoming economic data to gauge the feasibility of the “soft landing” scenario that has supported U.S. stocks throughout...

Peter Boockvar, a renowned market analyst, recently shared his expectations for Federal Reserve Chair Jerome Powell’s upcoming commentary and its potential market implications. What Happened: Boockvar shared during CNBC’s “Fast Money,” on Thursday that while Powell will...

David Mericle, chief U.S. economist at Goldman Sachs Group Inc. (NYSE:GS), shared his predictions for the forthcoming speech from the Federal Reserve chief in Jackson Hole. What Happened: Mericle suggested that a cut is broadly agreed upon by the committee following the latest Federal Reserve...

David Zervos, Chief Market Strategist at Jefferies, recently suggested that a Trump victory in the 2024 presidential election could lead to stronger economic growth and higher inflation. What Happened: Zervos made this prediction on CNBC’s “Last Call” on Monday, indicating that...

Ahead of the Federal Reserve’s upcoming meeting, a recent survey of academic economists indicates that the central bank is likely to implement only one interest rate cut in 2024. What Happened: A recent poll of academic economists suggests that the Federal Reserve will implement only one...

The latest decision by the Federal Reserve to keep rates steady has been met with optimism by CNBC’s Jim Cramer, who advises investors to shift their focus to earnings instead of the rate cuts. What Happened: Cramer expressed confidence in the market following the Federal Reserve’s...

BlackRock, the world’s largest asset manager, has issued a warning about the impact of geopolitical volatility on global markets. What Happened: BlackRock’s analysts, led by Wei Li, have highlighted the increasing geopolitical risks and their potential to disrupt traditional market...