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Business Insider Latest Story Image
1 min read

The Fed's rate decision shows its focus has shifted from inflation to the labor market

"The Fed is more worried about the labor market and less concerned about inflation at this point," …

Filip De Mott   


Business Insider Latest Story Image
3 mins read

Stock market today: Indexes edge up ahead of major Fed interest rate decision

Markets are pricing in with certainty that the Fed will deliver a rate cut this afternoon, the firs…

Jennifer Sor   


Business Insider Latest Story Image
4 mins read

RBI likely to keep interest rate unchanged at 6.5%, say experts

Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5% on Thursday, and w…

PTI   


Business Insider Latest Story Image
2 mins read

Stock market today: Indexes close at record highs and tech soars after Fed rate cut

Indexes rallied Thursday, with tech stocks leading the Nasdaq to rise 2.5% as investors continued t…

Kelly Cloonan   


Business Insider Latest Story Image
2 mins read

The job market is reaching a turning point that will usher even steeper Fed rate cuts, top economist says

The ratio of job openings to the unemployment rate has plummeted over the past year, top economist …

Jennifer Sor   


Business Insider Latest Story Image
2 mins read

The more markets price in a jumbo rate cut, the more likely the Fed is to deliver, analyst says

If the market prices in upwards of an 80% chance of a 50 basis point cut, the Fed will likely follo…

Kelly Cloonan   


Business Insider Latest Story Image
2 mins read

Stock market today: Stocks close mixed as investors gear up for major Fed rate decision

Though the S&P 500 briefly touched a new record, equities were mixed as investors remain split over…

Filip De Mott   


Business Insider Latest Story Image
2 mins read

Stock market today: Dow surges 462 points as stocks rally after jumbo Fed rate cut

Indexes rose Thursday as investors digested Wednesday's jumbo rate cut from the Fed and a fall in w…

Kelly Cloonan   


Business Insider Latest Story Image
2 mins read

The US economy is strong enough that Fed rate cuts aren't even warranted, JPMorgan strategist says

Most traders expect the Fed to make a big initial rate cut, but one strategist says it's not necess…

Kelly Cloonan   


Business Insider Latest Story Image
2 mins read

The Fed's lone dissenter on the big rate cut says she's concerned about 'premature declaration of victory' over inflation

Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting infl…

Kelly Cloonan   


Business Insider Latest Story Image
2 mins read

The Fed will go bigger with rate cuts than markets think, Citi economist says

The Fed could cut 125 basis points by the end of the year if the labor market continues to cool, Ci…

Kelly Cloonan   


Business Insider Latest Story Image
1 min read

JPMorgan says Fed rate cuts won't be the rocket fuel for stocks some expect

While some on Wall Street think stocks are spring-loaded for gains after the Fed cuts interest rate…

Filip De Mott   


Business Insider Latest Story Image
2 mins read

Why the Fed will cut rates in September and then stop for the year, chief economist says

After an initial rate cut next month, the Fed will adopt a wait-and-see approach going forward, Tor…

Filip De Mott   


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2 mins read

Get ready for stocks to embark on a weekslong rally after the Fed cuts rates, Fundstrat's Tom Lee says

Traders see a 61% chance the Fed will cut rates 50 basis points at its upcoming policy meeting, per…

Jennifer Sor   


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2 mins read

The Fed isn't going to be able to cut interest rates as much as it wants to, former Treasury Secretary Larry Summers says

Huge increases in wealth and debt levels prevents the Fed from cutting rates as much as it wants, L…

Jennifer Sor   


Business Insider Latest Story Image
2 mins read

This corner of the stock market is set to outperform once the Fed starts cutting interest rates, Goldman Sachs says

Mid-caps are poised to outperform after rate cuts with lower valuations than large-caps and stronge…

Kelly Cloonan   


Business Insider Latest Story Image
2 mins read

A lone dissenting vote on the Fed's rate cut marks the first split by a central bank governor in 2 decades

The Fed's decision to cut rates by 50 basis points garnered support from 11 of 12 voting members, w…

Kelly Cloonan   


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2 mins read

The US could enter a recession if the Fed doesn't cut rates, strategists say

The US unemployment rate rose to 4.3% in July from 4.1% in June, according to the Bureau of Labor S…

Huileng Tan   


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2 mins read

Interest rates remain steady once again — but it's likely the Fed will cut rates in September

The Federal Reserve held interest rates steady in its July meeting as pressure mounts on the centra…

Ayelet Sheffey   


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6 mins read

A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …