
US Stocks End Mixed as Fed Holds Rates Steady
Stocks closed mixed as the Fed paused on rate cuts: Dow fell 0.38%, S&P 500 dipped 0.12%, Nasdaq rose 0.15%. Robust Q2 growth and Fed dissent shape the outlook.
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Stocks closed mixed as the Fed paused on rate cuts: Dow fell 0.38%, S&P 500 dipped 0.12%, Nasdaq rose 0.15%. Robust Q2 growth and Fed dissent shape the outlook.
Fed Chair Powell says the central bank will wait on rate cuts until tariff impacts on inflation are clear, as consumer confidence dips amid economic uncertainty.
A Federal Reserve Bank of New York study warns that recent US tariffs on Chinese imports could negatively impact the economy more than official data suggests.
The Federal Reserve pauses interest rate cuts amid rising core inflation and volatile food prices, signaling cautious economic recovery.
The U.S. Federal Reserve begins its first meeting of the year under President Donald Trump’s second term, focusing on potential interest rate changes to combat inflation.
Half of U.S. households hold only 2.4% of the nation’s total wealth, highlighting significant wealth inequality. Median household net worth stands at $192,000, compared to an average of $1.2 million.
Former Fed Vice Chairman Donald Kohn emphasizes the importance of initiating and maintaining interest rate cuts as inflation slows and the labor market weakens.
The Federal Reserve has made a historic decision to cut its benchmark interest rate by 0.5%, aiming to boost economic growth during challenging financial times.
Breaking: The U.S. Federal Reserve has cut interest rates by 50 basis points for the first time since 2020, signaling a shift to easing amid cooling inflation and a stabilizing labor market.
Americans brace for a potential interest rate cut by the Federal Reserve in September, marking the first since March 2022.