Tag Archives: rates

S&P 500, Dow, and TSX Surge to Record Highs After Fed’s Big Interest Rate Cut

North American Stocks Surge

The U.S. Federal Reserve made a big splash, announcing an oversized interest rate cut; a move that is expected to have a big impact on U.S. and Canadian financial markets. Over the last 14 months, the Fed held its key lending rate at a two-decade high of between 5.25% and 5.50%. But with inflation winding […]