The Fed's 50 basis point cut seemed to cause markets both excitement and concern about the health of the US economy.
If we look at the dot plot and focus on the longer-run projections for appropriate interest rate target, we would see a very ...
The US Federal Reserve has slashed its key interest rate by 50 bps to 4.75 per cent-5 per cent after keeping it elevated at ...
Positive sentiment follows the Fed's rate cut, hinting at a potential record opening for Wall Street. S&P 500 futures suggest a continued rally amid easing recession fears and favorable projections.
The long-anticipated cut, larger than the typical quarter-percent (25 bps) drop, was the first since the Fed started raising ...