The stock market (^DJI,^GSPC, ^IXIC) continues to digest the Federal Reserve's landmark decision to cut interest rates by 50 basis points. Yahoo Finance Fed ...
) continues to digest the Federal Reserve 's landmark decision to cut interest rates by 50 basis points. Yahoo Finance Fed reporterA bold start to the fed's easing cycle with the central bank surprised some on Wall Street by cutting interest rates, 50 basis points.
Secondly, the feds started with a bang, but the path they laid out for the remainder of this year and next was much more gradual with two smaller cuts this year.And that makes sense given that this economy is still showing strength and that the fed has not declared victory over inflation yet guys.Now, let's look ahead to what could happen at the next meeting in November.
Swedish prosecutors charged a woman on Thursday with crimes against humanity for acts in Syria against women and children of the Yazidi religious minority in 2014-2016, the first time the Nordic country has brought this charge. The woman, a 52-year old Swedish citizen identified in the court indictment as Lina Ishaq, also faces charges of genocide and war crimes - or as an accessory to them - between 2014 and 2016, they said.
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