Singhvi said the central bank delivered an RBI-style policy after a long time. Despite three FOMC members opposing the rate ...
The ranks of U.S. government statisticians have been gutted in the past year due to layoffs and buyouts. That along with ...
In his remarks following the decision, Fed chair Jerome Powell said inflation risks were tilted to the upside and for the labour market to the downside.
Fed Chair Jerome Powell, speaking at a press conference after the December FOMC meeting, said the central bank is holding ...
Gold and silver prices in India rose after the Federal Reserve's rate cut. Rates vary by city and market trends.
Dubai: The Central Bank of the UAE (CBUAE) announced late Wednesday it has decided to lower the base rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points to 3.65% from 3.90%.
While the move had been priced in for several weeks, investors were cheered by the fact that bank boss Jerome Powell was ...
Major stock indexes jumped while US Treasury yields declined on Wednesday (Dec 11) after the Federal Reserve cut interest ...
The ending of the SAVE program will force millions of people with student loans to use costlier repayment programs, many of ...
The Manila Times on MSN
Divided US Fed makes third straight rate cut, signals higher bar ahead
WASHINGTON, D.C. — A divided US Federal Reserve lowered interest rates Wednesday for a third consecutive time this year, but signaled that it could hold off further reductions in the coming months.
US stock indices Dow Jones and S&P500 settled up to 1 per cent higher. US bond yields fell by 2-5 basis points and the broad curve bull steepened, with the move largely coming during Powell's presser.
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