Economy News As Slowing Economy Boosts Hopes For Lower Interest Rates, Wall Street Keeps Hitting New Records
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Stocks climb on hopes for lower interest rates as Dow rallies 650 points
Stocks got a boost from easing yields in the bond market. Lower interest rates can cover up many sins in financial markets, including prices going too high, and hopes are high that the Federal Reserve ... Read More
Even If Fed Cuts Rates Again, US Economy May Not Get Much of a Boost
Federal Reserve officials are poised to cut interest rates again next week, but any benefit to the economy is likely to take much longer to show up than normal and may be blunted by factors that ... Read More
I Asked ChatGPT What Will Happen To the Economy If the Fed Keeps Cutting Interest Rates: Here’s What It Said
In mid-September, the U.S. Federal Reserve voted to lower interest rates by a quarter percent, moving the federal funds rate to a target range of 4% to 4.25%. It’s been the first rate drop in nine ... Read More
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