"The Fed is more worried about the labor market and less concerned about inflation at this point," a Glenmede analyst said.
The U.S. Federal Reserve will cut the federal funds rate by 25 basis points in both November and December, according to a strong majority of over 100 economists in a snap Reuters poll.
Indexes rallied Thursday, with tech stocks leading the Nasdaq to rise 2.5% as investors continued to digest Wednesday's jumbo ...
S&P 500 futures ( ES=F) fell roughly 0.3%, after the benchmark index ended at an all-time high. Dow Jones Industrial Average ...
Powell rejects accusations that timing of rate cut is political and adds US labor market is ‘at a strong place’ ...
A 30% decline in the stock market would "almost guarantee" a recession, which is one reason why Fed put is back on, Fundstrat ...