Ross Walker, senior U.K. economist at Royal Bank of Scotland, Geoffrey Yu, FX strategist at UBS, and Richard Kelly, head of European rates at TD Securities, discuss what to expect from the Bank of England's minutes.» Read More
Don’t believe the naysayers, Cramer says. We needed the Fed to take action.
As we told you yesterday Ben Bernanke didn’t want to take any chances by disappointing the Street. But will another rate cut really solve any of our problems?
If you blinked in the final minutes of trading today, you probably got the story wrong. The final hour of trading has become known for its wild swings, but outdid itself this time: After being up about 250 points at 3:54 p.m., those gains evaporated and the Dow Jones Industrial Average ended down 74.16, or 0.8 percent, at 8990.96.
As the Federal Reserve slashed a key interest rate by 50 basis points on Wednesday, Pimco's Bill Gross said he expects rates to hold or decline to 1 percent.
The stock market collected on its rate-cut IOU today from the Fed, but it didn't end up changing the mood on Wall Street.
Investors could lose any gains seen in Tuesday's 889-point Dow rally if the ECB doesn't follow the Fed's lead.
Stocks pared gains Wednesday after the Federal Reserve opted to cut a key interest rate by half a percentage point.
Wall Street is waiting to collect on a rate-cut IOU today from the Federal Reserve, but the central bank's move is unlikely to cause a major shift in the markets.
Below is the statement released by the Federal Open Market Committee after its Oct. 28-29 meeting on interest rate policy:
The Federal Reserve will unveil its decision on interest rates Wednesday afternoon, and a cut is widely expected by investors. CNBC asked former Federal Reserve officials to weigh in on the upcoming decision.
Stocks turned mixed Wednesday as the market waits for the Federal Reserve's decision on interest rates.
Who’s most deluded? Many of you folks in the Northeast. Apparently about 55 percent of you think your home would sell for the same or more than it would a year ago. Zillow says 71 percent of homes in the Northeast have lost value.
The real story regarding the Federal Reserve is its various liquidity operations; the federal funds rate is second fiddle. The federal funds rate nonetheless remains a powerful tool and it would be a mistake to dismiss its importance for two reasons.
Stocks opened lower Wednesday as the market waited for the Federal Reserve's decision on interest rates.
Futures tilted lower Wednesday, after a fleeting boost from an unexpected jump in durable-goods orders, as the market waited for the Federal Reserve's decision on interest rates.
In this Web Extra the traders reveal how they're playing the Fed meeting, Procter & Gamble, Kellogg, and more.
Traders believe it’s all but certain the Fed will cut rates for the second time this month. The big question is, just how low will the Fed go?
Wall Street went on a bargain-hunting bonanza, with a frenzy of activity in the final hour of trading, sending shares up 10 percent.
Investors went on a late-day buying spree, scooping up shares of beaten down stocks and sending the major indexes soaring 7-8 percent.
What will it take? Plus, Cramer makes the call on Raymond James, Stifel, Wells Fargo, NYSE Euronext and more.