US stock prices took a hit after the Federal Reserve announced its third consecutive interest rate cut, but its economic projections indicated a slower pace of cuts in the coming year.
Browsing: interest rates
Asia-Pacific markets were mixed Wednesday, after major Wall Street benchmarks declined ahead of key inflation data that could influence the Federal Reserve’s interest rate decision.…
US hints at September interest rate cut The US Federal Reserve may lower borrowing costs for the first time in over four years, as inflation…
ECB keeps interest rates unchanged but edges closer to potential rate cuts but is monitoring wage inflation
Japan’s central bank has raised the cost of borrowing for the first time in 17 years. The Bank of Japan (BOJ) increased its key interest rate from -0.1% to a range of 0%-0.1%. It comes as wages have jumped after consumer prices rose.