Bullet points of Wall Street hits all-time highs after Federal Reserve’s interest rate cut
Bullet points of Wall Street hits all-time highs after Federal Reserve’s interest rate cut
- The US Federal Reserve cut interest rates by 50 basis points
- The S&P 500, Dow Jones, and Nasdaq Composite all hit record highs
- The Fed expects to cut rates by an additional 50 basis points this year
- Fed Chair Jerome Powell said there is no indication of a recession
Published at
2024-09-19 20:56:07Event JSON
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