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CNBC Daily Open: Markets need time to digest the 50-point cut
Federal Reserve Chairman Jerome Powell speaks during a news conference following the September meeting of the Federal Open Market Committee at the William McChesney Martin Jr. Federal Reserve Board Building on September 18, 2024 in Washington, DC.
CNBC Daily Open: Hoping for a half-point cut
The central bank only cuts by half-points when there's something dire happening in the economy, such as the bursting of the dot-com bubble in 2001. In extreme cases, the Fed will even slash rates by a full percentage point, as it did in October 2008 amid the global financial crisis.
CNBC Daily Open: Markets seemed taken aback by the 50-point cut
A jumbo-sized 50-point cut The U.S. Federal Reserve slashed rates by half a percentage point, bringing the federal funds rate to 4.75%–5%. Federal Open Market Committee members
CNBC Daily Open: After the Fed's first cut, where to next?
What many are not discussing is the policy trajectory after the Fed’s meeting. Following this cut could be a trajectory that will change the market narrative.
The Desk on MSN
2d
Jane Wells to retire from CNBC after 26 years
CNBC's Los Angeles-based correspondent Jane Wells is retiring from the financial news channel after nearly three decades.
2d
on MSN
CNBC Daily Open: One day makes all the difference
Twenty-four little hours / Brought the sun and the flowers / Where there used to be rain,” sings Dinah Washington. She ...
Mediaite on MSN
4d
CNBC’s Joe Kernen Asks Mike Johnson If People Hate Trump So Much Harris Could Avoid The Press and Still Win
Joe Kernen floated a scenario to Mike Johnson where Vice President Kamala Harris wins in November without every sitting for ...
2d
NBC News Group Launches Voting Registration Push, Backed By Top Talent (Exclusive)
The NBCUniversal division, which includes NBC News, MSNBC and CNBC, is launching a PSA campaign featuring many of its top ...
3d
on MSN
CNBC's Inside India newsletter: Will India's lofty manufacturing ambitions bear fruit?
As the 10th anniversary of the Make in India initiative nears, CNBC's Inside India takes a look at how the nation's ...
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