Similar Stories to Dow Closes At Record High After Fed Keeps Rates Intact on Bing News

NEW YORK - The stock market got the reassurance it wanted from the Federal Reserve Wednesday. The U.S. central bank signaled that it would keep its short-term interest rate near zero for a while yet, and investors pushed the Dow Jones industrial average to a record high. Low rates have been

Topics:  york    the   federal reserve   u.s    dow jones   rates   record high   
BING NEWS:
  • Fed holds interest rates higher for even longer as inflation remains high
    Powell also noted that it was unlikely that the Fed would raise interest rates again at its next meeting. "I was around for stagflation. It was 10% unemployment. It was high single-digit inflation and ...
    05/2/2024 - 5:17 am | View Link
  • FTSE 100: London closes higher and Wall Street climbs as Fed rate-hike fears fade
    The FTSE 100 ( ^FTSE) and European stocks were mostly higher after the US Federal Reserve held interest rates steady on Wednesday and chair Jerome Powell signalled the central bank is still leaning ...
    05/2/2024 - 12:33 am | View Link
  • Fed Holds Rates Steady at 23-Year High: What the Experts Are Saying
    The Federal Reserve struck a dovish pose even as it kept interest rates unchanged for a sixth straight meeting.
    05/1/2024 - 9:00 am | View Link
  • When Will Interest Rates Go Down? Fed Holds Rates At 23-Year High Yet Again
    The Federal Reserve announced Wednesday it will keep interest rates at a 23-year high, after a spate of worse-than-forecasted inflation data evaporated hopes for a sizable pivot in monetary policy ...
    05/1/2024 - 7:55 am | View Link
  • FTSE 100 closes at record high and Wall Street rises as stocks rebound
    The FTSE 100 ( ^FTSE) and European stocks pushed higher on Monday amid an easing of geopolitical tensions in the Middle East. Oil prices ( BZ=F) also fell sharply, easing investors' concerns about a ...
    04/22/2024 - 12:48 am | View Link
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