Federal Reserve

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WWL Newsroom
July 05, 2019 - 3:58 pm
Jim Chesko reporting... After notching new closing highs in Wednesday’s pre-holiday session, the market indexes finished in the red today. Stocks lost ground in the wake of a stronger-than-expected June jobs report and the belief that the Federal Reserve is now less likely to cut interest rates at...
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June 07, 2019 - 4:16 pm
Jim Chesko reporting... Another rally to end the week on Wall Street - with much of the credit going to a weaker-than-expected employment report. The news that the economy created just 75,000 jobs in May likely bolstered the case for an interest-rate cut by the Federal Reserve in the months ahead...
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May 22, 2019 - 3:54 pm
Jim Chesko reporting... Stocks finished modestly lower today, with the markets showing little reaction to Federal Reserve meeting minutes that indicated policy makers are committed to a “patient” policy stance. The Dow Industrials gave back 100 points, the Nasdaq Composite lost 34, and the S&P...
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September 26, 2018 - 1:15 pm
WASHINGTON (AP) — The Federal Reserve has raised a key interest rate for the third time this year in response to a strong U.S. economy and signaled that it expects to maintain a pace of gradual rate hikes. The Fed on Wednesday lifted its short-term rate — a benchmark for many consumer and business...
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