It’s Fed decision day for the markets.
Market bulls have sent stocks to fresh records this week, banking on a big gift from Fed Chair Jerome Powell. Markets expect the Fed to cut interest rates by 25 basis points and leave the door open for more rate cuts.
Anything short of that will be a big gift for … you guessed it … the bears!
Rajesh Palviya, SVP – Research, Axis Securities
The Federal Reserve cut interest rates by 25 basis points, marking its first reduction of the year. This decision reflects a cautious approach to supporting the labour market amid increasing employment risks. The dovish stance is expected to lower borrowing costs and encourage consumer spending in the U.S.
The U.S.
Michael Saylor pioneered the concept of Bitcoin Treasury companies.
US Fed FOMC Meeting Live: The US Federal Reserve lowered interest rates on Wednesday for the first time this year, pointing at lower job growth and rising risks to employment amid political pressure from President Donald Trump.
Policymakers cut the benchmark lending rate by 25 basis points to a range of 4.00%–4.25% and signalled two additional cuts in 2025.
The Federal Reserve on Wednesday lowered its benchmark interest rate by 0.25 percentage points — its first cut since December — as the U.S. grapples with a stalling labor market and slower economic growth.
The Fed cut reduces the federal funds rate — what banks charge each other for short-term loans — to between 4% and 4.25%,
WASHINGTON (AP) — The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor market.
The move is the Fed’s first cut since December and lowered its short-term rate to about 4.1%,
» Read more about: Federal Reserve cuts key rate by quarter-point, signals more cuts this year »
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White House Senior Counselor for trade and manufacturing Peter Navarro praises President Donald Trump’s TikTok deal, calls for deeper Fed cuts, defends his imprisonment as political and urges DOJ, FBI accountability.
As the Federal Reserve revealed its latest rate decision Wednesday, a Trump administration senior counselor blasted the central bank for keeping the American Dream out of reach,
Federal Reserve Chairman Jerome Powell announced on Wednesday that the central bank would cut rates amid President Donald Trump’s attempts to reshape the Fed’s independence.
