Federal Reserve News - Page 7

The 25-basis-point reduction aims to bolster a cooling economy amid slower job growth and easing inflation.

Citing a weakening labor market, the central bank lowered its benchmark rate by 25 basis points to a target range of 4.0% to 4.25%.

Markets dip as the move raises questions over the central bank's independence amid White House pressure for rate cuts.

Solar, housing, and travel stocks lead market gains after Fed Chair signals a dovish shift, boosting investor optimism.

Jerome Powell signals policy shift to protect employment, sending Treasury yields tumbling and sparking a broad market rally.

Investors grow cautious ahead of Fed Chair Powell's pivotal Jackson Hole speech, anticipating signals on rate cuts and inflation strategy.

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