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Wall Street, Fed
Global markets rally after Fed's 50-basis-point rate cut, positive trends continue
Germany’s DAX 40 hit a record high on Thursday, closing at 19,002.38 points, up 1.55%. The CAC 40 gained 2.29%, the FTSE 100 rose 0.91%, and the FTSE MIB climbed 1.16% while European index futures contracts started Friday on a negative course.
European shares advance as global markets cheer Fed's outsized rate cut
European stocks jumped on Thursday after the U.S. Federal Reserve delivered a 50-basis-point rate cut and flagged that further easing would be measured, raising hopes of a soft landing for the American economy.
Wall Street jumps to record highs as global markets cheer Fed rate cut
Wall Street jumps to record highs as global markets cheer Fed rate cut.
BofA, Fed
BofA now expects Fed to go for 0.75-percentage-point cut in fourth quarter
BofA Global Research was the only major brokerage to raise its forecast for the Federal Reserve's anticipated interest-rate cuts for the rest of 2024, a day after the U.S. central bank delivered an outsized cut.
Planning a Renovation? The Fed Rate Cut Means You’ll Want to Start Now.
The Fed’s decision to cut the benchmark interest rate by a half point on Wednesday could spur a new wave of home renovations as more people ready their properties for sale or take advantage of cheaper improvement loans.
US Fed slashes rates by 50 bps: What does it mean for America and the global economy?
The US Federal Reserve’s decision to cut interest rates by 50 basis points, bringing the benchmark rate between 4.75 per cent to 5.00 per cent, signals a shift from its aggressive inflation fight to sustaining economic growth.
7h
on MSN
Analysis-Global investors brace for turmoil as big Fed cut sows confusion
Big global investors are on alert for wild market swings after a jumbo U.S. rate cut sparked confusion over whether the world ...
13h
The Fed's Bold Move Jolts Global Markets
Overseas stocks rallied and currencies strengthened against the dollar after the Federal Reserve kicked off its rate-cutting ...
1d
Fed interest rate cut expected and global trail behind Hezbollah pager explosions: Morning Rundown
Hezbollah pager explosions, Diddy indictment, government funding, Harris NABJ interview, SALT tax, Home Depot settlement, ...
Mansion Global
20h
Mansion Global Daily
Last year, the Asia-Pacific region dominated the global luxury-home market with prime prices rising sharply in cities like ...
1d
on MSN
Oil prices fall as Fed rate cut stirs economic worries, storage report mixed
Oil prices slipped lower on Wednesday as a rate cut announcement from the Federal Reserve raised worries about the health of ...
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