Indian Rupee Dips As Federal Reserve Decision Looms
What’s going on here? The Indian rupee took a hit on December 18, 2024, nearing its all-time low against the US dollar, as the nation braces for a crucial Federal Reserve policy announcement, with expected moves from the Reserve Bank…
Cautious Indian Markets Brace For US Federal Reserve Decision
What’s going on here? Indian markets are moving cautiously as investors anticipate the US Federal Reserve’s decision, with Gift Nifty futures hinting at a slow start similar to Tuesday’s results. What does this mean? Investors are in wait-and-see mode, as…
Asian stocks are mostly higher ahead of Federal Reserve’s meeting
HONG KONG (AP) — Asian stocks were mostly higher on Wednesday ahead of the Federal Reserve’s final rate decision of this year. U.S. futures rose while oil prices were mixed. Japan’s benchmark Nikkei 225 slipped 0.2% in morning trading to…
US Federal Reserve likely to cut interest rate for third straight time | Key points
Dec 18, 2024 10:25 AM IST The Fed’s rate decision, along with its updated quarterly economic forecasts, will be released at 2 pm on Wednesday (12:30 am on Thursday in India). The US Federal Reserve is likely to cut interest…
Federal Reserve is set to cut key rate but consumers might not feel much benefit anytime soon
WASHINGTON (AP) — Federal Reserve officials on Wednesday will likely signal a slower pace of interest rate cuts next year compared with the past few months, which would mean that Americans might enjoy only slight relief from still-high borrowing costs…
The Fed has a big interest rate decision coming Wednesday. Here’s what to expect – NBC 5 Dallas-Fort Worth
Futures market traders are pricing in a near certainty that the Fed on Wednesday will lower its benchmark overnight borrowing rate by a quarter percentage point. “I’d be inclined to say ‘no cut,’” former Kansas City Fed President Esther George…
Federal Reserve begins its final interest rate policy meeting – NBC Bay Area
The Federal Reserve begins its final policy meeting of the year, with the interest rate decision due Wednesday afternoon. Despite high inflation, the Federal Reserve is expected to cut interest rates this week for the third straight meeting. Cal State…
Treasury yields are little changed as traders await Federal Reserve interest rate decision – NBC10 Philadelphia
U.S. Treasury yields were little changed on Tuesday as investors parsed economic data due ahead of the Federal Reserve’s next interest rate decision. The yield on the 10-year Treasury was down 1.4 basis points at 4.381%. The 2-year Treasury yield was…
Why Trump and the Federal Reserve could clash over interest rates
WASHINGTON (AP) — President-elect Donald Trump campaigned on the promise that his policies would reduce high borrowing costs and lighten the financial burden on American households. But what if, as many economists expect, interest rates remain elevated, well above their…
There’s ‘urgency to act’ to get best returns on cash
Alfexe | Istock | Getty Images With the Federal Reserve expected to cut interest rates again this week, it’s a great time to earn competitive returns on cash, experts say. “The best offers on savings accounts, money markets and CDs…