Similar Stories to Fed Chief Signals Likely Rate Cut Next Month In Response To Coronavirus, Market Meltdown on Bing News

As Dow Jones industrial average plunges over coronavirus fears, Fed Chair Powell signaled central bank is ready to cut interest rates       

Topics:  dow jones   fed chair powell   rate   cut   coronavirus   
BING NEWS:
  • Jobs Data Revives Wall Street’s Hopes for a Rate Cut
    A cooler-than-expected jobs report for April shifted the tone on Wall Street, rekindling investors’ expectations that the Federal Reserve may cut rates soon.
    05/3/2024 - 9:20 am | View Link
  • Jobs report shows marked April slowdown, prompting Fed rate-cut bets
    The Labor Department's Bureau of Labor Statistics said Friday that a net 175,000 new jobs were created in April, down from the upwardly revised total of 315,000 recorded in March and firmly shy of the ...
    05/3/2024 - 5:56 am | View Link
  • Wall Street ends higher as Fed signals dovish bias; jobs report eyed
    U.S. stocks rallied on Thursday as investors weighed the Federal Reserve's more dovish-than-expected interest rate guidance on Wednesday against a plethora of mixed earnings and economic data.All ...
    05/2/2024 - 12:59 pm | View Link
  • Powell keeps Fed’s door open to a July rate cut
    Federal Reserve Chair Jerome Powell on Wednesday discussed for the first time possible “paths” for interest rates this year. The upshot is that while any move at the next meeting is off the table, ...
    05/1/2024 - 11:27 am | View Link
  • Chances of 2024 rate cuts dim by the month
    The Federal Open Market Committee held the federal funds rate at current levels, citing "lack of further progress" toward meeting inflation goals.
    05/1/2024 - 9:46 am | View Link
  • More

 

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