Fed Chair Powell’s hawkish rhetoric on rates in October, gave Morgan Stanley’s economists a bum steer. His message back then that another cut was far from a foregone conclusion persuaded Morgan ...
WASHINGTON, Dec 10 (Reuters) - A sharply divided Federal Reserve cut interest rates on Wednesday but signaled borrowing costs are unlikely to drop further in the near term as it awaits clarity on the ...
• The Federal Reserve cut interest rates Wednesday by a quarter point as expected, lowering borrowing costs for the third time this year. • Wall Street rallied after Fed Chair Jerome Powell ruled out ...
Wall Street's "fear gauge" was back on the rise Thursday as an AI-related tech selloff gathered steam and investors put money in other parts of the market. The Cboe Volatility Index was up 5% in early ...
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