Why Did the Stock Market Crash After the Fed Cut Interest Rates Last Week?
On Dec. 18, the U.S. Federal Reserve concluded its final policy meeting for 2024. There was a broad consensus among experts ...
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Federal Reserve’s preferred inflation gauge shows price pressures eased last month
An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains.
S&P 500: Was Friday’s Rally the Start of Sustained Gains or a Short-Lived Bounce?
S&P 500 rises on softer inflation but logs weekly loss. Traders eye potential Fed rate cuts in 2025 as markets weigh Friday’s ...
Rupee hits record low before recovering slightly
The Indian rupee slipped to its all-time low on Friday before turning course to end modestly higher, aided by likely dollar inflows, although its losing steak persisted into a seventh straight week.
Why gold remains vulnerable despite a sharp uptick on Friday
The US Dollar Index surged to 108.541, its highest since November 10, 2022, driven by the Fed's hawkish stance and strong US ...
Forget the stock-market tumble, the Fed made the right move in a wild week
Federal Reserve Chair Jerome Powell helped spark a wild week on Wall Street, but a signal that policymakers have put further ...