Fed cuts interest rates by a quarter point
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Michael Burry pointed to the Fed's plan to start purchasing short-term Treasurys as a sign of weakness in the banking system.
The Fed is poised to cut rates despite divisions on the economic outlook and could signal a slower path for easing in 2026.
Richard Clarida, former Fed vice chairman and PIMCO global economic advisor, joins 'Squawk Box' to discuss the latest Fed meeting, the overall market fundamentals and much more.
The FOMC voted today to cut the Fed’s five policy rates by 25 basis points, as widely expected, the third cut in 2025, after cutting by 100 basis points in 2024.
Bitcoin prices rallied on December 8 as markets “aggressively” front-ran the upcoming Federal Reserve policy meeting, according to Cardiff founder William Stern.
It ended up being a "hawkish cut" by the U.S. Federal Reserve, as expected. Still, investors managed to find a few gifts tucked between the lumps of coal.
Shares of a popular exchange-traded fund that equally weights stocks in the S&P 500 were climbing sharply Wednesday afternoon, amid a broad stock-market rally following the outcome of the Federal Reserve’s policy meeting.
The central bank is poised to lower interest rates on Wednesday even as a growing chorus of officials urge caution.