One Bank of America strategist believes this week's jumbo interest-rate cut by the Federal Reserve risks reigniting a potential bubble in stocks.
Stock index futures were lower on Friday, a day after both the S&P 500 and Dow closed at record highs, fueled by hopes of a soft landing. S&P 500 futures (SPX) -0.2%, Nasdaq 100 futures (US100:IND) -0 ...
The US Federal Reserve has announced that it will slash the target range for the federal funds rate by 50 basis points, ...
WASHINGTON, Sept. 20 (Xinhua) -- The U.S. Federal Reserve has announced that it will slash the target range for the federal funds rate by 50 basis points, marking the first rate cut since March 2020 ...
U.S. stock index futures on Friday were largely flat, a day after Wall Street ripped gains on soft landing hopes sparked by ...
Mizuho desk-based analyst Jordan Klein agreed that the latest move and commentary from the Fed "created more confidence in a soft-landing scenario," which he said could be interpreted positively for ...
Should the Fed have just cut to the chase and slashed rates by 200 basis points this week? Don’t worry, James Smith hasn’t ...