Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 jumped 1.7% for one of its best days of ...
There is strong optimism for naira recovery in the foreign exchange market against the US dollar following decision taken by ...
Yellen's remarks came a day after the Federal Reserve opted for an aggressive rate cut of half a percentage point, its first since 2020 as inflation cooled. "It reflects confidence on the part of the ...
London's FTSE 100 index closed up 0.9 percent, paring back some gains after the Bank of England held its own rate steady at ...
Fixed-rate home loan packages had already started to drop in anticipation of the cut. Read more at straitstimes.com.
On Wednesday, the Federal Reserve announced they would be reducing the federal interest rate by 0.5 points, which has not ...
The Reserve Bank of India may consider a rate cut by February 2025, following the US Federal Reserve's recent 50 basis points ...
The yen pared its losses on Friday as the Bank of Japan (BOJ) sounded optimistic about growth and signalled it will be ...
While the Fed states that the balance of risks is even and the economy is in good shape, the path ahead may be less certain.
ASX 200 investors are enduring the highest interest rates since 2011. The post Can ASX 200 investors expect the RBA to follow ...
Central bank’s aggressive move follows a gradual reduction in US inflation and comes less than two months before election day ...