Stocks got a big boost from a much-expected rate cut.Wednesday finally broke the logjam that the stock market had been in earlier in the week, as the Federal Reserve's two-day meeting on interest rates finally ended. Fed Chair Jerome Powell announced a quarter-percentage-point cut in the Federal Funds rate to a new range of 3.5% to 3.75%. However, the Federal Open Market Committee decision suggested that the central bank would make just a single rate cut in 2026, which is somewhat more hawkish than many eco ...