Dollar rebounds after Fed goes big on rate cut | Reuters
WEB2 days ago · The U.S. dollar slipped in choppy trading on Wednesday as markets grappled with the supersized 50 basis point interest rate cut, as well as the switch to an easing monetary policy stance delivered ...
The Fed just announced a jumbo-sized interest rate cut
WEB2 days ago · The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020. The half-point move paves the way for lower borrowing costs on everything from ...
The Fed surprised many investors with a jumbo rate cut this week.
WEB20 hours ago · Still, even with minutes to go before the Fed’s announcement, many top economists at financial companies still believed Powell’s ever-cautious Fed would opt for a quarter-point cut.
The U.S. dollar is weakening ahead of Fed rate cut. This will …
WEB4 days ago · The U.S. dollar has been sliding in the run-up to a widely expected interest-rate cut from the Federal Reserve on Wednesday and, depending on the size of the Fed’s move, it could end up ...
Federal Reserve lowers interest rates by 0.50 percentage ... - CBS News
WEB2 days ago · The Fed said the cut lowers the federal funds rate into a range of 4.75% to 5%, down from its prior range of 5.25% to 5.5%, which had been its highest level in 23 years. The half-point move ...
Dollar gains ground after Fed delivers bumper 50 basis point rate cut
WEB3 days ago · It rose about 0.4% to 141.80 per dollar on Wednesday, recouping about a third of an overnight drop. The yen was down 0.3% to 157.84 per euro . Elsewhere, the Australian dollar traded at a two-week ...
Federal Reserve goes big with half-point interest rate cut ... - NBC News
WEB3 days ago · The federal funds rate, which acts as a benchmark for borrowing rates in the rest of the economy, will now move down to about 4.8%, the lowest level since March 2023. The central bank also said it ...
Fed Announces Big Rate Cut - The New York Times
WEB3 days ago · The Federal Reserve cut interest rates on Wednesday by half a percentage point. Here are some takeaways from the decision and from remarks by the Fed chair, Jerome H. Powell.
The Fed Makes a Large Rate Cut and Forecasts More to Come
WEB3 days ago · By Karl Russell. Fed officials predicted that they would cut interest rates to 4.4 percent by the end of the year — much lower than the 5.1 percent they had been expecting in June, when they ...
A Fed rate cut is coming. How big is anyone's guess. - NBC News
WEB3 days ago · Sept. 17, 2024, 12:50 PM PDT. By Rob Wile. The Federal Reserve is poised to cut its key interest rate Wednesday, the first time since the onset of the Covid-19 pandemic that it has pushed it lower ...
Skip to content