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The Fed cut interest rates a quarter of a percentage point on Wednesday. The stock market plunged on Wednesday after the Federal Reserve scaled back its expectations for interest rate cuts next year.

Average short interest across US equity real estate investment trusts had a modest increase in November, increasing 17 basis points from the previous month to 3.6% of shares outstanding.

The Federal Reserve on Wednesday announced its third consecutive interest rate cut of 2024, reducing its benchmark rate by 0.25 percentage points amid cooling inflation. Yet in a blow for ...

The Federal Reserve slashed interest rates as expected Wednesday, but signaled fewer cuts than originally forecast for 2025 — sending the Dow spiraling more than 1,100 points. The Fed cut rates ...

As inflation has abated, the benchmark interest rate has come down by a full percentage point this year. In the press conference following the Wednesday announcement, Jerome Powell, chairman of ...

A four-digit slide on a single day is a rare event. The Federal Reserve lowered its benchmark interest rate by a quarter point Wednesday, a move that forecasters had predicted and largely applauded.

The Federal Reserve on Wednesday announced its third straight interest rate cut, lowering the benchmark rate by 25 basis points amid economic data showing that inflation remains above the central ...