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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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Nasdaq Rallies To 20,000 After US Inflation Data Matches Estimates
American and European stock markets mostly rose on Wednesday after inflation data cemented expectations that the US Federal Reserve will trim interest rates next month.
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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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Share Market Crashes Ahead Of US Elections, Slides Over 1,000 Points
The share market tumbled in early trade on Monday as investors turned cautious ahead of the US presidential elections and Federal Reserve interest rate decision.
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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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In 1st Since 2020, US Federal Reserve Cuts Interest Rate By 50 Basis Point
The US Federal Reserve cut its key lending rate by half a percentage-point Wednesday in its first reduction since the onset of the Covid-19 pandemic, sharply lowering borrowing costs shortly before November's presidential election.
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Nvidia's Market Value Tumbles by $279 Billion as Wall Street Drops
Nvidia saw the deepest ever single-day decline in market value for a US company. The company lost $279 billion (roughly Rs. 23,42,608 crore) in market capitalisation, a major indication that investors are becoming more cautious about emerging AI technology.
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Sensex Rallies 600 Points, Nifty Soars Amid US Federal Rate Cut Hopes
Stock market benchmark indices Sensex and Nifty surged nearly 1 per cent on Monday, propelled by intense buying in metal, IT and consumer durable stocks amid hopes that the US Federal Reserve will start cutting interest rates soon.
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Gold Prices Surge To Record High Amid Rate Cut Expectations
The price of gold soared Tuesday to a record peak, propelled by trader expectations of falling US interest rates in September as inflation cools.
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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.
-
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.
-
Nasdaq Rallies To 20,000 After US Inflation Data Matches Estimates
American and European stock markets mostly rose on Wednesday after inflation data cemented expectations that the US Federal Reserve will trim interest rates next month.
-
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.
-
Share Market Crashes Ahead Of US Elections, Slides Over 1,000 Points
The share market tumbled in early trade on Monday as investors turned cautious ahead of the US presidential elections and Federal Reserve interest rate decision.
-
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.
-
In 1st Since 2020, US Federal Reserve Cuts Interest Rate By 50 Basis Point
The US Federal Reserve cut its key lending rate by half a percentage-point Wednesday in its first reduction since the onset of the Covid-19 pandemic, sharply lowering borrowing costs shortly before November's presidential election.
-
Nvidia's Market Value Tumbles by $279 Billion as Wall Street Drops
Nvidia saw the deepest ever single-day decline in market value for a US company. The company lost $279 billion (roughly Rs. 23,42,608 crore) in market capitalisation, a major indication that investors are becoming more cautious about emerging AI technology.
-
Sensex Rallies 600 Points, Nifty Soars Amid US Federal Rate Cut Hopes
Stock market benchmark indices Sensex and Nifty surged nearly 1 per cent on Monday, propelled by intense buying in metal, IT and consumer durable stocks amid hopes that the US Federal Reserve will start cutting interest rates soon.
-
Gold Prices Surge To Record High Amid Rate Cut Expectations
The price of gold soared Tuesday to a record peak, propelled by trader expectations of falling US interest rates in September as inflation cools.
-
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.
