US goes big with first interest rate cut in four years
The Federal Reserve has cut its key lending rate by 0.5 percentage points - a larger cut than expected.
Asian markets forge higher after Fed's first rate cut in over 4 years
Asian markets forged higher on Thursday after the Federal Reserve kicked off its efforts to prevent a recession in the U.S. with a bigger-than-usual cut to interest rates. In Tokyo, the Nikkei 225 index jumped 2.1% to 37,155.33, lifted by major export manufacturers' shares. Toyota Motor Corp. jumped 5.1%, Sony Group Corp. added 2.9%…
Asian share markets mixed after US Fed's bumper interest rate cut
TOKYO: There was mixed reaction across Asian share markets on Thursday (Sep 19) after a bumper interest rate cut by the US Federal Reserve. The Fed lowered its window for the b
Indian shares set to open higher after bumper U.S. Fed rate cut
GIFT Nifty at 25,453.5 points, analysts predict market boost from Fed rate cut, Indian IT and pharma in focus.
Dollar edges lower after Fed goes big on rate cut, Aussie jumps
:The U.S. dollar edged lower on Thursday after a larger than usual interest rate cut from the U.S. Federal Reserve that had been priced in by markets.The Fed on Wednesday kicked off its monetary easing cycle with a half-percentage-point rate cut that Chair Jerome Powell said was meant to show policymakers' co
Dollar gains ground after Fed delivers bumper 50 basis point rate cut
NEW YORK :The dollar edged higher in choppy trading after the Federal Reserve on Wednesday cut interest rates by half a percentage point, citing greater confidence that inflation will continue to recede to the U.S. central bank's 2 per cent annual target.The Fed cut the overnight rate to the 4.75 per cent-5.0
US Fed cuts interest rates by 50 basis points, first reduction since 2020
The rate cut ends a 14-month period where rates were held steady. This duration is longer than three of the last six Fed 'hold' periods but falls short of the 15-month pause before the 2007-2009 financial crisis.
US Fed slashes rates by 50 basis points in first easing since pandemic hit
The Federal Reserve cut interest rates by half of a percentage point on Wednesday, kicking off what is expected to be a steady easing of monetary policy with a larger-than-usual reduction in...
The Fed's biggest interest rate call in years happens Wednesday. Here's what to expect
While markets have made up their mind that the Fed is going to cut, there's a vigorous debate over how far policymakers will go.
The Fed Went Big With Its First Rate Cut—Here's What Markets Think Will Happen Next
Traders on Wednesday upped their bets that the Federal Reserve would continue to aggressively cut interest rates this year after the central bank began its long-awaited easing cycle with an above-average 50-basis point cut.
Inflation in Check? Fed Cuts Interest Rates for First Time in Four Years - Decrypt
The Federal Reserve cut interest rates for the first time in four years Wednesday, signaling the start of its easing campaign.
last updated on 19 Sep 15:53