Tag: why is stock market down today

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Dow Jones Plummets Over 1,100 Points Following Fed’s Rate Cut Decision

Ariel Hirsh -
A close-up of an iPad screen showing a stocks app
On December 18, 2024, U.S. stock markets experienced a significant downturn after the Federal Reserve announced a 0.25% interest rate cut, bringing the federal funds rate to a range of 4.25% to 4.5%. Despite this reduction, the Fed's indication of a slower pace of rate cuts in 2025 than...
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