But with the market already booming and the Federal Reserve under presidential pressure, a new cycle of lower rates could pour fuel onto a fire, our columnist says.

On Wednesday, the Federal Reserve announced a quarter-percentage-point cut to its benchmark interest rate, lowering it to a range of 4% to 4.25%. Federal Reserve Chairman Jerome Powell referred to the interest rate drop as a “risk-management cut,

Oil prices eased on Thursday, settling lower as traders remained worried about the U.S. economic outlook a day after the U.S. Federal Reserve cut interest rates for the first time this year.

U.S. stocks continued to remain on track to reach all-time closing highs as of Thursday's final hour of trading, helped by the Federal Reserve's quarter-point interest-rate cut a day ago. "For the foreseeable future,

Bitcoin, XRP and Ethereum jumped early Thursday as crypto investors welcomed the Federal Reserve’s first interest-rate reduction in nine months and digested the prospect of more cuts to come.

Markets are shaking off initial hesitation prompted by Powell's warning that there's no 'risk-free path' for policy.