The Fed is expected to cut interest rates for the first time in 11 years on Wednesday. Brian Rehling, co-head of global fixed income strategy at Wells Fargo Investment Institute, and Vince Reinhart, chief economist at Mellon, join "Squawk Box" to discuss.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
SquawkCNBC This tweet is several hours out of date
SquawkCNBC Buy $XRP!!
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Here’s how the stock market tends to perform after a Fed rate cutThe Federal Reserve cut benchmark borrowing costs for the first time in more than a decade on Wednesday. Here’s how the stock market has reacted to cuts in... StockMarket already factored in 0.50% ratecut, so even if FED would cut it by 0.50% it would not resulted in $DJI or $SPX to go up. $DJI or $SPX was going up on promises of ratecuts since December 24, 2018 crash How long would 0.25% cut hold the Market before next Crush?
Source: MarketWatch - 🏆 3. / 97 Read more »
Dow, S&P 500 fall after after Fed rate cut, but stock market breadth remains positive.The Dow Jones Industrial Average sank to a triple-digit loss in afternoon trading Wednesday, after the Federal Reserve's decision to cut its target on... Quater point won't do it. .75%(at least) has already been priced in. Keep blowing J.P. StockMarket already factored in 0.50% ratecut, so even if FED would cut it by 0.50% it would not resulted in $DJI or $SPX to go up. $DJI or $SPX was going up on promises of ratecuts since December 24, 2018 crash How long would 0.25% cut hold the Market before next Crush?
Source: MarketWatch - 🏆 3. / 97 Read more »
U.S. markets gyrate after Fed cuts rates, stocks fallWall Street turned negative after Federal Reserve Chairman Jerome Powell in a pr... U.S. markets twerk after Fed cuts rates, stocks drop to the flo Powell's conference is supposed to manage expectations! In the past chairmen were smarter & more cautious! powell is a bad communicator and one misunderstanding can cost billions! POTUS Bet they will go up tomorrow!
Source: Reuters - 🏆 2. / 97 Read more »