The Fed cut rates but signaled reluctance to ease further, and three dissents underscored diverging views on the path forward.

The Federal Reserve has cut interest rates for the third consecutive meeting, a decision that has sparked significant internal debate among its officials. This contentious move reflects deep divisions within the central bank regarding the future direction of monetary policy, indicating that further reductions in borrowing costs may be limited in the coming year.

U.S. stocks surged on Wednesday, with the S&P 500 closing higher, buoyed by signals from the Federal Reserve indicating a potential for further interest-rate cuts. This positive momentum comes after a period of cautious trading as investors awaited the Fed's decision on rates.

The Federal Reserve has implemented a rare ‘hawkish cut’ in interest rates as Chair Jerome Powell seeks to stabilize a softening job market, amid significant internal dissent among officials. Three members of the Fed expressed differing opinions on the decision, highlighting the divisions within the central bank regarding its monetary policy direction.

U.S. natural gas futures have declined for a second consecutive session as the market adjusts to a less severe weather outlook, impacting investor sentiment negatively. This pullback follows a period of volatility influenced by fluctuating forecasts and the expiration of the December contract.