Stocks moved broadly lower on Wall Street in midday trading Wednesday ahead of a highly anticipated decision from the Federal Reserve on interest rates.

BING NEWS:
  • The Fed's Latest Decision on Interest Rates Is Great News for Savers. Here's Why
    You're unlikely to see the interest rate in your savings account fall substantially in the coming weeks ... banks impose a penalty for taking an early withdrawal. While the Fed's latest decision on ...
    05/1/2024 - 1:00 pm | View Link
  • Why You Should Lock in a CD ASAP After the Fed's Latest Decision
    Since the Fed is expected to cut rates at some point in 2024, you'll generally find that shorter-term CDs have higher rates than longer-term ones right now. As an example, at Capital One, you can lock ...
    05/1/2024 - 9:30 am | View Link
  • Oil Futures Fall on Big Stock Build, Fed
    Crude oil futures fall to a more than six-week low as the EIA reports a large unexpected build in U.S. crude stocks for last week, and the Fed shows no sign of cutting interest rates soon. U.S. crude ...
    05/1/2024 - 8:43 am | View Link
  • Fed's Powell says looming election won't sway rate decisions
    Federal Reserve Chairman Jerome Powell reiterated Wednesday that political considerations around the looming presidential election will not affect the central bank's interest rate decisions.
    05/1/2024 - 7:15 am | View Link
  • UK shares fall ahead of Fed decision as Irish and most European markets closed
    UK shares declined on Wednesday as the Irish market and most exchanges in Europe remained closed for May Day public holidays across the continent, with investors cautious ahead of the US Federal ...
    05/1/2024 - 6:44 am | View Link
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