The Federal Reserve has cut its key interest rate by a quarter-point in response to the steady decline in inflation.
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Meanwhile, the EIU has indicated that the US Federal Reserve will soon join other central banks in cutting interest rates.
The Federal Reserve has cut its key interest rate by a quarter-point in response to the steady decline in inflation.
The US Federal Reserve has announced its latest interest rate cut decison
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.
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.
The US central bank announced this afternoon that it had cut interest rates for the second time in a row. The cut — by ¼ percentage point — puts...
Federal Reserve officials are poised Thursday to reduce their key interest rate for a second straight time, responding to a steady slowdown of the...
Inflation figures have fallen to a three-year low, but the chances of the Reserve Bank cutting rates before Christmas have been revised.
"Renewal risk remains" as the majority of the 1.2 million mortgages up for renewal in 2025 will face higher interest rates than when their term began,...
The move comes after Donald Trump's election win and the ensuing global uncertainty. The Fed said that the job market has "generally eased," with...