https://www.benzinga.com/markets/equities/24/09/40965372/fed-delivers-large-interest-rate-cut-in-bid-to-sustain-labor-market-stocks-gold-set-new-record-h
0
0
Fed Delivers Large Rate Cut In Bid To Sustain Labor Market; Stocks, Gold Set New Record Highs: This Week In The Markets - Benzinga
+ 75 more
9/20/24 at 8:03pm
Organization
Benzinga
Author
Piero Cingari
Details
48 words
Summarize
Business & Industrial Fed Gold Set New Record Highs: This Week In The Markets - Benzinga data-dependence Jay Powell Wall Street
Fed cuts rates by 50 basis points, hints at more cuts in the future. Powell emphasizes labor market and data-dependence. Wall Street reacts positively.
Create an account or login to join the discussion