Wall Street Has Its Eye On A Big Rate Cut

Taegan Goddard, Political Wire
Wed, 09/18/2024 - 4:33am

“Investors have set their hopes on a big cut in interest rates, an expectation that gave new life to the stock market’s rally and shows how pivotal the Federal Reserve’s decision on Wednesday will be to sentiment in the financial markets,” the New York Times reports. “The S&P 500 rose for the seventh straight day on Tuesday, bolstered by economic data and rising expectations that the Fed will cut rates by half of a percentage point, double the typical quarter-point adjustment the central bank typically makes.” Washington Post: Fed poised to cut rates for the first time since 2020, but by how much?

NEXT
Topics:  federal reserve s   new york times    the s&p   washington   post   fed   big   rate   cut   
BING NEWS:
  • Wall Street Has Its Eye on a Big Rate Cut
    Source: FactSet By The New York Times By Joe Rennison Investors have set their hopes on a big cut in interest rates ... tech stocks deemed to be among the most sensitive companies to rate changes, has ...
    09/17/2024 - 1:00 pm | View Link
  • Dow edges down from record as some eye a smaller Fed rate cut
    Wall Street stocks finished little changed Tuesday as investors weighed how better than expected retail sales data would affect a Federal Reserve decision.
    09/17/2024 - 9:41 am | View Link
  • Lawyers Eye Expected Rate Cut, Expecting Large Cap M&A Boost as a Result
    With the Federal Reserve widely expected to cut interest rates soon, corporate lawyers are expecting an M&A bounce-back as a result, which could be further helped by other pressures.
    09/16/2024 - 8:18 am | View Link
  • Most Asian markets rise as traders gear up for Fed rate cut
    Asian markets mostly rose Friday and the yen sat around nine-month highs after another healthy day on Wall Street as investors gear up for an expected US interest rate cut ...
    09/12/2024 - 3:48 pm | View Link
  • Stock Market Today: Nasdaq ends 2.2% higher as Wall Street rebounds from post-CPI selloff
    The stock was up 1.7% in Wednesday afternoon trading, recently changing hands at $208.82. Shares last notched a record finish on March 14, 2013, when they finished the day at $206.12, according to Dow ...
    09/11/2024 - 9:14 am | View Link
  • More

 

NEXT
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

Movies With Butter More Movie News

More Politics News

  • Trump Risks Being Doomed by Ally in North Carolina
    Political Wire, Friday - 09/20/2024 - 09:51 AM

    The deadline for dropping out of the North Carolina governor’s race was last night, which means Mark Robinson (R) remains the Republican candidate. Robinson was already one of the worst candidates put up in decades. .memberful-global-teaser-content p:last-child{ -webkit-mask-image: linear-gradient(180deg, #000 0%, transparent); mask-image: linear-gradient(180deg, #000 0%, transparent); } Join now to continue reading. Members get exclusive analysis, bonus features and no advertising.

    More | Talk | Read It Later | Share
  • Trump Keeps Promising a Doom That Never Comes
    Political Wire, Friday - 09/20/2024 - 09:00 AM

    “If the election does not go his way, the economy will tank, Christmas will be canceled, and America as we know it will be ‘finished,’ Donald Trump promised in the run-up to the 2020 election,” NBC News reports. “That race did not go his way, of course, and none of Trump’s prophesied cataclysms materialized under Joe Biden’s presidency.

    More | Talk | Read It Later | Share
  • Weekly News Quiz
    Political Wire, Friday - 09/20/2024 - 08:54 AM

    There are just 45 days until the November elections and the news never stops. How well were you paying attention this week? .memberful-global-teaser-content p:last-child{ -webkit-mask-image: linear-gradient(180deg, #000 0%, transparent); mask-image: linear-gradient(180deg, #000 0%, transparent); } Join now to continue reading. Members get exclusive analysis, bonus features and no advertising. Learn more. If you’re already a member, sign in to your account.

    More | Talk | Read It Later | Share
  • Biden Unleashes Cabinet Sprint Ahead
    Political Wire, Friday - 09/20/2024 - 08:50 AM

    “President Biden will summon his Cabinet Friday for the first time in eleven months and direct them to speed up their efforts to implement his agenda,” Axios reports. “From implementing clean tech tax credits to spending billions of dollars to build roads, bridges and semiconductor facilities, top officials know that there’s more work to do.”

    More | Talk | Read It Later | Share
  • Could Scandal Harm Trump in North Carolina?
    Political Wire, Friday - 09/20/2024 - 08:40 AM

    Stephen Collinson: “The question of whether Mark Robinson’s political disaster will seriously hurt Trump’s chances in one of the most tightly fought and important battleground states is a complex one. Trump voters are hugely loyal to their candidate — so it doesn’t necessarily follow that if they disdain Robinson, they won’t vote for the ex-president.

    More | Talk | Read It Later | Share
  • Where’s Bad Bunny?
    Political Wire, Friday - 09/20/2024 - 07:47 AM

    “The stars of Democratic politics were aligning behind Kamala Harris. Oprah Winfrey, Michelle Obama and assorted liberal luminaries had sung her praises at the Democratic convention. Megawatt endorsements from Taylor Swift and Billie Eilish would soon follow. But there’s another pop star who has not weighed in — and whose endorsement could hold unique power in November,” the Washington Post reports? “By late August, political consultant Maria Cardona’s phone was buzzing with texts from people in Latino Democratic circles, asking the same question.” Said the messages to Cardona: “Where’s Bad Bunny?

    More | Talk | Read It Later | Share