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Tag: basis point

What a bigger-than-expected Fed rate cut would mean for the stock market
  • Finance

What a bigger-than-expected Fed rate cut would mean for the stock market

Cs news11 months ago11 months ago08 mins

Hotter-than-expected readings on consumer prices — and on some wholesale prices — this week led markets to price in a higher likelihood that the Federal Reserve will opt for a smaller, more conservative interest rate cut at its September meeting. But a confluence of events later in the week once again revived bets of a…

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US futures rise with jumbo Fed cuts back on the table
  • Finance

US futures rise with jumbo Fed cuts back on the table

Cs news11 months ago11 months ago04 mins

US stock futures edged higher on Friday, setting the stage for strong weekly wins after Wall Street’s expectations for a jumbo interest-rate cut by the Federal Reserve shot up overnight. S&P 500 futures (ES=F) moved up 0.2%, while Nasdaq 100 futures (NQ=F) added 0.1% to point to a fifth day of gains for both gauges…

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