US stocks are higher across the board while the Federal Reserve announced it has cut interest rates by a quarter of a percentage point.
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Wall Street wavered near its records after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates.
US stocks are higher across the board while the Federal Reserve announced it has cut interest rates by a quarter of a percentage point.
US stocks are higher across the board while the Federal Reserve announced it has cut interest rates by a quarter of a percentage point.
Wall Street has extended its rally following the US election result as the Federal Reserve cut interest rates to make things easier for the economy.
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The US Federal Reserve has announced its latest interest rate cut decison
The Australian sharemarket remained in the red on Tuesday afternoon after the Reserve Bank kept interest rates on hold.
The Federal Reserve has cut its key interest rate by a quarter-point in response to the steady decline in inflation.
Inflation has fallen to its lowest level since early 2021. But that’s still unlikely to translate into a rate cut when the RBA meets next week.