The Dow Jones industrial average surged more than 300 points on Thursday, building on gains from a day earlier after the Federal Reserve indicated that it was in no rush to raise interest rates as the economy strengthened.
Dow Jumps For Second Day After Fed Pledges Patience On Rates
The Associated Press, San Diego Union-Tribune Nation
Thu, 12/18/2014 - 11:44am
BING NEWS:
- Fed leaves rates unchanged, flags 'lack of further progress' on inflation
The U.S. Federal Reserve held interest rates steady on Wednesday and signaled it is still leaning towards eventual reductions in borrowing costs, but put a red flag on recent disappointing inflation ...
05/1/2024 - 6:07 pm | 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 - Dow tumbles nearly 400 points as new inflation fears dent hopes of Fed rate cut
Adding to losses, US economic growth slowed more than expected in the first quarter, but an acceleration in inflation suggested that the Fed would not cut interest rates before September.
04/25/2024 - 10:21 am | View Link - Fed members talk of “patience”, first cut not likely until end of year or even 2025
Round of statements from Fed members, where the word "patience" has been recurrent in their speeches and they delay the first cut to the end of ...
04/21/2024 - 7:13 pm | View Link - The Dow jumps 200 points but the Nasdaq plunges 300 as markets end the week all over the place
The Dow jumped 211 points, or about 0.5%, to end the day at 37,986. But the Nasdaq dropped 319 points, or 2%. The S&P 500 was also in the red, down 44 points, or about 0.9%. Oil markets that have ...
04/19/2024 - 9:07 am | View Link - More
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