US Fed slashes rates by 50 bps: What does it mean for America and the global economy?
The US Federal Reserve’s decision to cut interest rates by 50 basis points, bringing the benchmark rate between 4.75 per cent to 5.00 per cent, signals a shift from its aggressive inflation fight to sustaining economic growth.
US Fed Chair Jerome Powell will announce the interest rate decision of the FOMC at around 11.00 p.m. IST today. Catch all the ...
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US Fed FOMC Sept 2024 meeting begins - Likely outcome, expectations - Interest rate cut? Announcement date, timeIf the US Fed goes for an interest rate cut this time, it would be the first time in more than four years. The Fed had ...
The Federal Open Market Committee meeting is from September 17-18, 2024, and Fed Chair Jerome Powell is expected to announce ...
The Federal Reserve on Wednesday afternoon (September 18th local time) lowered the federal funds rate to the range of 4.75 ...
The US central bank cut the overnight rate by half a percentage point, more than the usual quarter-point adjustment, citing ...
The US Fed meeting today saw some impactful changes with Jerome Powell & Co announcing a whopping 50 bps rate cut, which is ...
As recent data show that inflation in the US has fallen below 3 percent, close to the 2 percent target the Fed had set, ...
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