Federal interest rate cut down half point, local experts weigh in on spending
On Wednesday, the Federal Reserve announced they would be reducing the federal interest rate by 0.5 points, which has not ...
US Federal Reserve slashes interest rates by half a point, first cut in four years
Central bank’s aggressive move follows a gradual reduction in US inflation and comes less than two months before election day ...
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US stock market at record high as investors cannot keep calm after Fed rate cut
Wall Street stocks hit record highs as the Federal Reserve cut interest rates to support the labor market. Dow rose 1.3%, S&P ...
Business Recorder3h
European shares advance as global markets cheer Fed rate cut
PARIS: European stocks jumped on Thursday after the US Federal Reserve delivered a 50-basis-point rate cut and flagged that ...
中国日报网4hOpinion
Fed obliged to consider spillovers when adjusting monetary policy
As recent data show that inflation in the US has fallen below 3 percent, close to the 2 percent target the Fed had set, ...
ThePrint6h
US Fed’s rate cut is likely good news for India. It may also help neutralise RBI’s stance
US & Indian policy rates have seen similar trajectory. With Fed’s rate cuts, difference between interest rates in India & US ...
Credit risk gauge eases as Fed cuts for first time in four years
A key measure of perceived risk in the US corporate bond market edged lower Wednesday after the Federal Open Market Committee ...
September Fed Meeting: Fed Cuts Rates For The First Time In Four Years
In a move that was widely anticipated, the Federal Open Market Committee (FOMC) opted on Wednesday to cut its fed funds ...
Investor Daily7h
Fed’s jumbo rate cut sparks debate: Economic concerns or strategic confidence?
Feelings are mixed on whether the Fed’s supersized rate cut reflects severe issues in the economy or whether Powell is just ...
The Dow closed above 42,000 for the first time after the Fed's big interest rate cut
The Dow Jones Industrial Average (SPGI) jumped 522 points Thursday and closed at a new record high, as the Federal Reserve’s ...
GlobalCapital7h
‘Substantial’ volume to hit SSA market as CB dust settles
SSA benchmark volume in core currencies during the first three weeks in September is down 11% from the same period in 2023 ...