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US Fed Cuts Key Interest Rate By 0.25%, Sending Stocks Tumbling
Policymakers voted 11-to-1 to lower the central bank's key lending rate to between 4.25 percent and 4.50 percent as expected, the Fed announced in a statement.
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Indian Shares Set To Open Higher After Fed Rate Cut
Indian stocks are poised to open higher on Friday, following the US Federal Reserve's widely anticipated decision to cut interest rates by 25 basis points.
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US Fed Cuts Interest Rates A Quarter Point After Trump Victory
The US Federal Reserve shrugged off concerns about the impact of Donald Trump's election victory on interest rates and moved ahead with a quarter point cut Thursday.
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Dollar Dips As US Election Outcome Remains Uncertain, Fed Rate Cut Looms
The dollar slipped in Asia on Monday as investors braced for a potentially pivotal week for the global economy as the US chooses a new leader and, probably, cuts interest rates again with major implications for bond yields.
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Sensex, Nifty At All-Time High As US Fed Announces Rate Cut
Benchmark equity indices Sensex and Nifty surged to their fresh record high levels in early trade on Thursday after the US Federal Reserve cut its benchmark interest rate after more than four years.
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Fed Rate Cut Opens Up Policy Space Around The World Without Feeding Panic
The Federal Reserve's bold start to cutting interest rates and its determination not to fall behind the curve in easing has reshaped the policy horizon for counterparts spanning the globe.
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Fed Rate Cut Shows Economy "Very Bad Or They're Playing Politics": Trump
Republican presidential candidate Donald Trump suggested the Federal Reserve was playing politics on Wednesday, after the US central bank announced a long-awaited interest rate cut of half a percentage point.
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Bitcoin Price Remains Above $68,000 Mark, Prices of Most Altcoins Rise After US Fed Holds Key Rates Steady
The overall crypto market cap rose by 1.40 percent in the last 24 hours. Bitcoin and Ether, both managed to mint minor gains over the last 24 hours. Majority cryptocurrencies including Cosmos, Stellar, and Cronos reflected small profits on Thursday, June 13. The number of loss-making cryptocurrencies remained low. Dogecoin logged losses.
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US Fed Holds Interest Rates, Now Sees Just One Cut This Year
The US Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one rate cut this year, down from the three expected in March after inflation stalled in the first quarter.
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US Holds Interest Rates At 23-Year High, To Make Cuts Later This Year
The US Federal Reserve voted Wednesday to keep interest rates at a 23-year high for a fifth consecutive meeting, while signaling it still expects to make three cuts this year.
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Gold Prices Surge To Record High As US Fed Holds Interest Rates
Gold prices climbed to a record high on Thursday, as the U.S. dollar and bond yields ticked lower after the Federal Reserve maintained its projection of three rate cuts for this year.
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Gold Prices Hit Six-Month High On Weak US Dollar
Gold prices hit a more than six-month high on Monday, firming above the $2,000 per ounce level, as a weaker dollar and expectations of an end to US interest rate hikes lifted demand.
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US Fed Top Official Says Interest Rates "At Or Near" Peak
US interest rates are rapidly approaching their highest level in the Federal Reserve's current battle against inflation, and may already be there, a senior Fed official said Friday.
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Indian Shares, Rupee Set To Open Higher After Fed Hikes Interest Rate
Indian shares and the rupee are expected to open marginally higher today helped by the US Federal Reserve policy raising its benchmark lending rate.
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US Fed Lifts Rates To Highest Since 2001 And Hints At More To Come
The US Federal Reserve raised its benchmark lending rate on Wednesday to the highest level since 2001 to tackle above-target inflation, and signaled the possibility of further increases ahead.
-
US Fed Cuts Key Interest Rate By 0.25%, Sending Stocks Tumbling
Policymakers voted 11-to-1 to lower the central bank's key lending rate to between 4.25 percent and 4.50 percent as expected, the Fed announced in a statement.
-
Indian Shares Set To Open Higher After Fed Rate Cut
Indian stocks are poised to open higher on Friday, following the US Federal Reserve's widely anticipated decision to cut interest rates by 25 basis points.
-
US Fed Cuts Interest Rates A Quarter Point After Trump Victory
The US Federal Reserve shrugged off concerns about the impact of Donald Trump's election victory on interest rates and moved ahead with a quarter point cut Thursday.
-
Dollar Dips As US Election Outcome Remains Uncertain, Fed Rate Cut Looms
The dollar slipped in Asia on Monday as investors braced for a potentially pivotal week for the global economy as the US chooses a new leader and, probably, cuts interest rates again with major implications for bond yields.
-
Sensex, Nifty At All-Time High As US Fed Announces Rate Cut
Benchmark equity indices Sensex and Nifty surged to their fresh record high levels in early trade on Thursday after the US Federal Reserve cut its benchmark interest rate after more than four years.
-
Fed Rate Cut Opens Up Policy Space Around The World Without Feeding Panic
The Federal Reserve's bold start to cutting interest rates and its determination not to fall behind the curve in easing has reshaped the policy horizon for counterparts spanning the globe.
-
Fed Rate Cut Shows Economy "Very Bad Or They're Playing Politics": Trump
Republican presidential candidate Donald Trump suggested the Federal Reserve was playing politics on Wednesday, after the US central bank announced a long-awaited interest rate cut of half a percentage point.
-
Bitcoin Price Remains Above $68,000 Mark, Prices of Most Altcoins Rise After US Fed Holds Key Rates Steady
The overall crypto market cap rose by 1.40 percent in the last 24 hours. Bitcoin and Ether, both managed to mint minor gains over the last 24 hours. Majority cryptocurrencies including Cosmos, Stellar, and Cronos reflected small profits on Thursday, June 13. The number of loss-making cryptocurrencies remained low. Dogecoin logged losses.
-
US Fed Holds Interest Rates, Now Sees Just One Cut This Year
The US Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one rate cut this year, down from the three expected in March after inflation stalled in the first quarter.
-
US Holds Interest Rates At 23-Year High, To Make Cuts Later This Year
The US Federal Reserve voted Wednesday to keep interest rates at a 23-year high for a fifth consecutive meeting, while signaling it still expects to make three cuts this year.
-
Gold Prices Surge To Record High As US Fed Holds Interest Rates
Gold prices climbed to a record high on Thursday, as the U.S. dollar and bond yields ticked lower after the Federal Reserve maintained its projection of three rate cuts for this year.
-
Gold Prices Hit Six-Month High On Weak US Dollar
Gold prices hit a more than six-month high on Monday, firming above the $2,000 per ounce level, as a weaker dollar and expectations of an end to US interest rate hikes lifted demand.
-
US Fed Top Official Says Interest Rates "At Or Near" Peak
US interest rates are rapidly approaching their highest level in the Federal Reserve's current battle against inflation, and may already be there, a senior Fed official said Friday.
-
Indian Shares, Rupee Set To Open Higher After Fed Hikes Interest Rate
Indian shares and the rupee are expected to open marginally higher today helped by the US Federal Reserve policy raising its benchmark lending rate.
-
US Fed Lifts Rates To Highest Since 2001 And Hints At More To Come
The US Federal Reserve raised its benchmark lending rate on Wednesday to the highest level since 2001 to tackle above-target inflation, and signaled the possibility of further increases ahead.
