US stocks finished mixed Friday, with the Dow closing at a fresh record as Fed officials spoke out about their recent vote to cut interest rates by half a percentage-point.
With roughly 30 minutes left until Wall Street opens, Dow futures have flipped into the green as stocks pared earlier losses on Friday. If the gauge manages to finish in the green, it would book ...
On Wednesday, the Fed decided on a 50-basis-point cut that brought the Fed's policy rate to a range of 4.75% to 5%. The vote was 11 to 1 in favor of the cut, and Bowman's dissent was the first by a ...
Many Americans are aware of the Fed's existence, at least: A recent Pew Research Center survey found that 45% have a favorable view of the U.S. central banking system, while 32% have an unfavorable ...