We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell, said, referring to the central bank’s decision to cut interest rates by half a point.

Stocks rose after the Federal Reserve’s decision to cut rates by a half-point, with traders now shifting gears to Jerome Powell’s press conference.

Wall Street stocks dipped Wednesday after the Federal Reserve announced a half a percentage-point interest rate cut and its chair promised a "careful" approach to lowering rates following progress in

The recent 50 basis points rate cut by the U.S. Federal Reserve has left markets grappling with mixed signals. As the world's most influential central banker, Jerome Powell, attempts to justify this outsized cut in the midst of a seemingly