Federal Reserve Cuts Rates by 50 Basis Points
From Wolf on Wall Street – Trade Today’s session started sluggish in front of the Federal Open Market Committee (FOMC), which voted in favor of cutting the target range for the fed funds rate by 50 basis points to 4.75-5.00%. It was not a unanimous vote. Fed Governor Bowman dissented,
Stock Market Video Update – September Seasonality Is Likely To Heat Up
The stock market has been in the midst of the summer doldrums. Things should pick up over the next week with Labor Day behind us. This week Non-Farm Payrolls may be the most important economic data of the month before the September FOMC meeting in which the Fed is set
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