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Market Maker — BREAKING NEWS: Dow Plunges 1,100 Points: First 10-Day Losing Streak Since 1974
Not scored yet5m·2024-12-18·Money

BREAKING NEWS: Dow Plunges 1,100 Points: First 10-Day Losing Streak Since 1974

Market Maker

The U.S. central bank reduced its overnight borrowing rate by a quarter point to a target range of 4.25% to 4.5%, as expected. However, new quarterly forecasts showed several officials penciled in fewer rate cuts for next year than they estimated just a few months ago, and saw inflation making considerably less…

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