
US Fed Meeting LIVE: Wall Street crashes after FOMC rate cut outlook, Dow logs longest losing streak since 1974
US Fed Meeting LIVE: The US Federal Reserve announced its eighth policy decision for 2024 after a two-day Federal Open Market Committee (FOMC) meeting and voted 11 to 1 on Wednesday, December 18, to slash the benchmark interest rate by 25 basis points (bps) or (1/4) quarter of a percentage point to 4.25 – 4.50…