Surprised by how fast the market reacted to the Fed's rate cut, says Morgan Stanley's Andrew Slimmon
Andrew Slimmon, senior portfolio manager at Morgan Stanley Investment Management, joins ‘Squawk Box’ to discuss Wall Street's ...
The Fed Rate Cut, Mortgage, Auto And Credit Card Rates: What To Expect
The Fed cut its short term interest rate by 0.50%. How will this affect mortgage rates, auto loans, and credit cards? Does ...
Jerome Powell’s sunny economic outlook clashes with the Fed’s bold interest rate cut
The Fed cut interest rates by half a percentage point yesterday—the first cut in four years and double the 25 basis points ...
Fed sees higher 'terminal' rate, reached sooner
Beyond the immediate headlines generated by the Fed's 50 basis point interest rate cut, it is policymakers' revised outlook ...
Stock market today: Wall Street edges back from its records as FedEx slumps
U.S. stocks are pulling back Friday from the records they set the day before during a worldwide rally. The S&P 500 was 0.5% lower in midday trading but still on track for its fifth winning week in the ...
A Farewell To 5%, The Fed Drops Rates
The Federal Reserve cut the federal funds rate by 50 basis points to 4.75-5%, signaling a faster descent than expected. See ...