Cut of half a Percentage Point on wednesday has spurred investors sending us markets into record highs. Traders cheered the Central Banks big call cutting the main Interest Rate to between 4. 75 and 5 . Opening the door with a bang on the first rates Easing Cycle in more than four years. President biden hailed the move as good news for consumers but said there was more work to be done in taming inflation. Lets be clear. The fed lowering Interest Rate is not a declaration of victory, its a declaration of victory, its a declaration of victory, its a declaration of progress. Its a Signal Weve entered a new phase for a colony and are recovery. I believe its important for the country to recognise this process because we dont, the progress we made will remain locked in the fear of negative mindset dominating our economic outlook since the pandemic began. Fed officials have made it clear that this cut was only the beginning and investors seem to have liked what they heard. For more, lets get
New pressures are open and New Pressures are open and over. Us has made the decidedly low Energy Stud to the last Trading Day of the week after closing at new Record Highs on thursday. The dow settled against 40,000 points for the first time. They have overcome initial nerves about a big Interest Rate Cuts from the Federal Reserve after fed treasurer said the worlds biggest economy is in a good base despite slashing the cost of borrowing by a Jumbo Half a percentage point. So what is next . For more,. Lets bring in tim urbanowicz, head of Research And Investment strategy at Innovator Etfs in chicago. Welcome. Further, rest assured that rate cant, is reaching Record Highs but there are still high stock valuations, meaning that it is an extensive market. Click that limit further gains despite lower rates . , rates . This is probably their base rates . This is probably their Base Macbeth rates . This is probably their Base Macbeth case rates . This is probably their i Base Macbeth Case Sc
Progress. A signal we are entering a new phase of our economy and our recovery. I believe it is important for the country to recognise this progress because if we do not, progress made will remain locked in the fear of negative mindsets that dominate our economic outlook since the pandemic began. Investors have cheered the cut, the dowjones industrial the neck i added 1. 5% in us dot markets. And the s&p 500 rose to all high times. Bbc s samira hussain has more from new york. 0ur the s&p 500 road i. 7%, the s&p 500 road i. 7%, extending this years gains to 20% and meanwhile the dowjones surged over 500 points to topping 32,000 for the first time in the majority of industry groups closed out the interest is higher and big tech outperformed as it was spurred to investors return to risk on mood and tesla gained 4% and more than 7% respectively. Stocks traditionally tied to economic growth jumped withjp economic growth jumped with jp morgan economic growth jumped withjp morgan chase and ca
A signal we are entering a new phase of our economy and our recovery. I believe it is important for the country to recognise this progress because if we do not, progress made will remain locked in the fear of negative mindsets that dominate our economic outlook since the pandemic began. Investors are cheering the federal reserve s rate cut. Here in asia, japan s nikkei 225 index added around 1. 5% in early friday trading. Us stock markets have also jumped, with the dowjones industrial average and s&p 500 rising to new all time highs. The bbc s ritika gupta has more from new york. Us stocks reached a fresh try and the 500 rose 17% extending the year again to 20% and the dowjones surged over 200 points topping 42,000 for the first time in the majority of industry groups closed out the session higher and big tech outperform dusty rate spurred investors to investors to return to a risk on mood and tesla gained 4%. Stocks traditionally tied to economic growth also jumped traditionally tied
Recovery. I believe it is important for the country to recognise this progress because if we do not, progress made will remain locked in the fear of negative mindsets that dominate or economic outlook since the pandemic began. Investors have cheered the cut, the Dowjones Industrial The Dow Jones Industrial Average the Dowjones Industrial Average 500 rising to a new all time high. More from new york. Record high, a day after the Federal Reserve kicked off its easing cycle. The 500 Euros i. 7 easing cycle. The 500 Euros 1. 7 and extending this years gains 20 meanwhile, 500 points topping 42,000 For The First Time and the majority of Industry Groups close of the session higher and sharing outperformed as the Rate Cuts spurred investors to attend to a risk on Mood And Tesla gained 4 and more than 7 respectively in stocks traditionally tied to this also jumped in the giant industrial Home Depot also gains and better than expected to data adding to the optimism suggesting the Labour Market r