Stocks take a brutal slide after the Fed signals fewer rate cuts ahead

Quick Summary:

Fed officials released projections on Wednesday showing the median expectation among them is for two more cuts to the federal funds rate in 2025.

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Article Details

Author / Journalist: Stan Choe, Zimo Zhong, The Associated Press

Category: EconomyBusiness

Markets: United States

Topics: Economy Markets Federal Reserve Jerome powell Interest Rates

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-18 @ 22:27:07 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 24 words

Reading Time: 1 minutes read

Sentences: 5 lines

Sentence Length: 5 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 24541241

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 63 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #95

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