Dow dips after Powell suggests Fed may not make December rate cut
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Dow dips after Powell suggests Fed may not make December rate cut
The Dow Jones dipped on Wednesday after Federal Reserve Chair Jerome Powell suggested the central bank may not cut interest rates again in 2025. CBS News MoneyWatch correspondent Kelly O'Grady has more. CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the ...
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The Nasdaq ended with more pronounced gains than the S&P 500 and the Dow with a strong boost from Amazon's upbeat earnings forecast, but investor moods were dampened by worries that the Federal Reserve is becoming more cautious about cutting rates https://reut.rs/3X6mGl6 | Reuters
The Nasdaq ended with more pronounced gains than the S&P 500 and the Dow with a strong boost from Amazon's upbeat earnings forecast, but investor moods were dampened by worries that the Federal Reserve is becoming more cautious about cutting rates https://reut.rs/3X6mGl6 | Reuters
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