Opinion
The Fed’s Big Rate Cut Wasn’t Political. It Was an Economic No-Brainer.
But while the Fed’s action will surely have political consequences, it wasn’t a political decision. The straight economic case for a rate cut was overwhelming; the case for a big cut was very strong. Not cutting would have been political. And the Fed didn’t let itself be bullied into inaction.
8mon MSN
Andrew Slimmon, senior portfolio manager at Morgan Stanley Investment Management, joins ‘Squawk Box’ to discuss Wall Street's ...
Investors poured $33.8 billion into U.S. stocks in the past week, with funds collecting the third-largest weekly haul since ...
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
S&P 500 futures ( ES=F) fell roughly 0.3%, after the benchmark index ended at an all-time high. Dow Jones Industrial Average ...
20hon MSN
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
Big global investors are on alert for wild market swings after a jumbo U.S. rate cut sparked confusion over whether the world ...
"The Fed finally ripped the band-aid off and cut 50 bps with a dovish dot plot into 2025 that we view as a very bullish ...
Oil futures were on track for solid weekly gains, boosted by the Federal Reserve’s large rate cut and a renewed rise in ...
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