Weekly Commentary: Fed Goes Big
It's worth noting that the Fed chose to slash rates by 50 bps this week, with the Atlanta Fed GDPNow (Q3) forecast at 2.93%.
malaymail4h
IMF chief admits central banks face ‘difficult balancing act’ to lower interest rates amid falling inflation
“While inflation is retreating, rates are going down. Recession appears to be unlikely.” The ECB has cut rates by a quarter ...
ANDREW NEIL: In a few short weeks, Labour has become synonymous with in-fighting, cronyism and freeloading. I can't think of any government that has slurped …
When Keir Starmer, who hasn't been in power for three months, resorts to claiming, 'I'm completely in control', we can be ...
Cyprus Mail6h
UK consumers take fright as new government warns of pain, survey shows
“Despite stable inflation and the prospect of further cuts in the base interest rate, this is not encouraging news for the UK ...
Reeves is trashing the British economy at the worst possible moment
Consumer confidence is in freefall. Inflation is stuck at stubbornly high levels, postponing cuts to interest rates. The ...
What the history of money tells you about crypto’s future
The future of money, in other words, is attracting attention. What of its past? In a new paper, Adam Brzezinski of the London ...
Charting the Global Economy: Fed Goes for Big Rate Cut as BOE Holds
The Federal Reserve kicked off its campaign to lower interest rates with a larger-than-typical half percentage-point cut, ...
Indices surge to record highs on Fed cheer, hopes of soft landing
Indian equities surge on foreign inflows, Sensex and Nifty hit record highs, FPIs bullish, sectorial rotation observed, ...
Wall Street dips after rate cut rally, dollar firms
The Dow Jones Industrial Average closed up 0.09%, to 42,063.36, the S&P 500 ended down 0.19%, to 5,702.55 and the Nasdaq ...
malaymail12h
Stock markets mostly fall after record-filled rally fuelled by US Fed rate cut
US and European stock markets mostly retreated yesterday following a record-filled rally sparked by a jumbo US interest rate ...
China Economic Net15h
U.S. Fed cuts drastic half point rate to save jobs
WASHINGTON, Sept. 20 (Xinhua) -- The U.S. Federal Reserve has announced that it will slash the target range for the federal funds rate by 50 basis points, marking the first rate cut since March 2020 ...
Dow finishes week in record territory following Fed's interest rate cut
Spurred on by the Federal Reserve Board's half-point cut in interest rates, the stock market closed out a buoyant week on ...