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interest rate cuts

interest rate cuts latest

Fed to cut rates in final Biden-era decision amid inflation concerns
December 15th, 2024 - 08:56 GMT

Fed to cut rates in final Biden-era decision amid inflation concerns

ALBAWABA - Despite a recent upsurge in inflation, the U.S. Federal Reserve is expected to make its last decision before President Joe Biden leaves office on Wednesday by announcing a quarter-point cut in its key lending rate. With the expected cut, which Futures markets indicate a 95% likelihood of as reported by AFP, the benchmark rate would be one full percentage point lower than it was at the beginning of ...
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central banks
September 30th, 2024 - 10:12 GMT

Could central banks quick interest rate cuts cause problems?

Gold hit a new record, trading at $2,567.93 per ounce
September 14th, 2024 - 08:56 GMT
Reema Tuqan

Gold hit a new record, trading at $2,567.93 per ounce

Bitcoin drops below $60 amid continued losses in crypto market
August 28th, 2024 - 05:20 GMT
Reema Tuqan

Bitcoin drops below $60k, crypto market falls 5.3%

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