|
The central bank cut interest rates by a quarter of a percentage point, seeking to steady a softening labor market.
|
|
Three members of the Federal Open Market Committee didn't agree with the central bank's quarter percentage point cut on Wednesday.
|
|
Dow gains 200 points as investors hope for Fed rate cut and more easing ahead: Live updates CNBCStock market today: Dow, S&P 500, Nasdaq wobble with Fed rate decision on deck Yahoo FinanceFed Meeting Today: Dow, S&P 500 Steady Ahead of Likely Interest-Rate Cut — Live Updates The Wall Street JournalWall Street is quiet as it waits for the Federal Reserve's announcement in the afternoon AP News
|
|
US taking 25% cut of Nvidia chip sales "makes no sense," experts say Ars TechnicaWhat to know about Nvidia's Chinese competitors as Trump opens up the market AxiosDonald Trump's flawed plan to get China hooked on Nvidia chips The EconomistTrump's Disappearing Messages The InformationChina adds domestic AI chips to official procurement list for first time Financial Times
|
|
The Fed is expected to lower its benchmark interest rate by a quarter percentage point — but with inflation stubbornly high and mixed signals from the job market, it could be a split decision.
|
|
October ‘Jolts' figures unlikely to deter the Federal Reserve from cutting interest rates on Wednesday
|
|
Used thoughtfully, AI becomes a powerful ally that helps startups transform potential into market success.
| |
Persistent high inflation and recent statements from Fed officials did cause us to remove one interest rate cut from 2024 with the first cut now in September.
|
|
