US Fed rate cut: How does it impact mortgages, credit card and savings accounts interest of Americans? Explained
The US Federal Reserve has cut interest rates for the first time in nine months, reducing the short-term rate to around 4.1%. This decision, influenced ...
UK interest rates: Bank of England holds interest rate at 4%; inflation lingers at 3.8%
The Bank of England maintained its key interest rate at 4 per cent, despite UK inflation remaining high at 3.8 per cent in August, nearly ...
FOMC meeting: Jerome Powell-led US Fed cuts rate by 25 basis points; notes moderation in economic growth, job gains
The US Federal Reserve, led by Jerome Powell, has announced a 25 basis points rate cut, setting the federal funds rate to a range of ...
Canada rate cut: Central bank trims lending rate to 2.5%; economy struggles under Trump’s tariff war
The Bank of Canada has lowered its key lending rate to 2.5% in response to the economic strain caused by US protectionism and trade tensions. ...
US stocks today: Wall Street trades mixed ahead of Fed meeting; Dow jumps over 270 points, S&P remains flat
Wall Street showed mixed performance as investors awaited the Federal Reserve’s anticipated interest rate cut announcement. The S&P 500 hovered near record highs, while the ...
Asian shares trade mixed: Japan’s Nikkei gains 0.2%; Wall Street slips from record highs
Asian markets displayed mixed performance as investors anticipated the US Federal Reserve’s potential interest rate cut. Japan’s Nikkei 225 saw gains, despite a decline in ...
US Fed meeting begins: Trump aide Stephen Miran sworn in as governor, Jerome Powell under pressure as rate cut expected
Amidst political scrutiny, the US Federal Reserve convened its latest policy meeting with newly appointed governor Stephen Miran, a former Trump advisor. Expected to deliver ...
US markets today: Wall Street holds near records ahead of Fed meeting; retail data and corporate results influence trading
U.S. stocks hovered near record highs as investors awaited the Federal Reserve’s anticipated interest rate cut. Strong retail sales data indicated continued consumer spending despite ...
Don’t put all eggs in long duration basket! Experts say short-term funds can offer stable returns at lower risk – explained
Bond investors face disappointment as rate cut hopes fade, impacting debt fund performance, especially long duration funds. Experts advise caution due to potential inflation resurgence ...
US market today: Wall Street drifts near record highs; S&P 500 steady, Dow dips 51 points, Fed rate cut hopes fuel optimism
Wall Street experienced a slight rise, poised for its best week in five, fueled by anticipation of a Federal Reserve interest rate cut. Investor sentiment ...
