Saturday, November 16, 2024

  • Twitter
Economy

September 19, 2024 12:59 AM

Dollar drops as Fed cuts rates by half a percentage point

The dollar dropped after the Federal Reserve on Wednesday cut interest rates by half a percentage point, citing greater confidence that inflation will continue to recede to the U.S. central bank's 2% annual target. The Fed cut the overnight rate to ...

September 18, 2024 5:50 PM

Sensex, Nifty fall marginally ahead of Fed policy decision

India’s benchmark indices closed flat on Wednesday as investors awaited the US Federal Reserve's policy decision on a potential rate cut. The Nifty slipped 41 points, or 0.16%, ending at 25,377.55, after hitting an intraday high of 25,482.20. Simi...

September 18, 2024 1:27 PM

With Fed’s rate cut at hand, debate swirls over how big a move

The Federal Reserve on Wednesday almost certainly will lower interest rates for the first time in more than four years as the U.S. central bank starts to reverse the restrictive conditions it imposed to beat back inflation, but whether policymakers o...

Visitors: 2639296

Last updated on: 16th November 2024