Fed cuts interest rates, delivering relief for borrowers at last meeting before Trump takes office
The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday, delivering relief for borrowers at ...
Dow falls 1,100 points on disappointing Fed interest rate news
The Dow Jones Industrial Average shed 2.6%, or 1,123 points, closing at 42,327. The S&P 500 lost nearly 3%, closing at 5,872.
The Fed Is Entering a ‘New Phase’ of Interest-Rate Policy
The Federal Reserve is no longer just recalibrating, but entering a new phase on monetary policy. Fed Chair Jerome Powell ...
Stock market today: Dow drops 1,123 points and bond yields soar as markets adjust rate outlook after Fed meeting
The Dow hit a 10th straight day of losses, its worst streak since 1974, as stocks plummeted amid the outlook for fewer rate ...