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Stocks are flat as Fed delivers super-sized rate cut 9/18/24 episode artwork

EPISODE · Sep 18, 2024 · 27 MIN

Stocks are flat as Fed delivers super-sized rate cut 9/18/24

from Power Lunch · host CNBC

Stocks are little changed after the Fed lowered interest rates by a half-percent, making investors optimistic about a “soft landing” for the economy. The FOMC lowered its overnight lending rate to a range of 4.75%-5% from 5.25%-5.5%. We’ll break down what that means for both markets and your money, right up until Fed Chair Jerome Powell’s press conference. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

What this episode covers

Stocks are little changed after the Fed lowered interest rates by a half-percent, making investors optimistic about a “soft landing” for the economy. The FOMC lowered its overnight lending rate to a range of 4.75%-5% from 5.25%-5.5%. We’ll break down what that means for both markets and your money, right up until Fed Chair Jerome Powell’s press conference.

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Stocks are flat as Fed delivers super-sized rate cut 9/18/24

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How long is this episode of Power Lunch?

This episode is 27 minutes long.

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This episode was published on September 18, 2024.

What is this episode about?

Stocks are little changed after the Fed lowered interest rates by a half-percent, making investors optimistic about a “soft landing” for the economy. The FOMC lowered its overnight lending rate to a range of 4.75%-5% from 5.25%-5.5%. We’ll break...

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