The swings came after the Federal Reserve cut its main interest rate for the first time this year. That move was no surprise for Wall Street, which was widely expecting it. More important was the set ...

WASHINGTON: The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday (Sep 17) and signalled it would steadily lower borrowing costs for the rest of the year, responding t ...

WASHINGTON: The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday (Sep 17) and indicated it will steadily lower borrowing costs for the rest of this year, as policymak ...

Sensex and Nifty 50 opened strongly, boosted by IT stocks after the US Fed's rate cut. Sensex rose by 300 points, while Nifty 50 gained 90 pts. Analysts predict favourable foreign investments in India ...

The US Fed rate cut in September reflects concerns about the weakening labor market ,even as inflation remains above target.

The Federal Reserve on Wednesday delivered on a widely anticipated quarter percentage point interest rate cut that will take its benchmark down to a target range of 4%-4.25%, its lowest in nearly ...

The New Zealand sharemarket fell on Thursday following a significantly lower gross domestic product update than expected, ...

The U.S. Federal Reserve, the central bank, held a Federal Open Market Committee (FOMC) meeting on the 17th and set the benchmark interest rate (federal funds rate), which had been 4.25–4.50%, to 4.00 ...

Asian shares are mixed after Wall Street indexes churned between gains and losses but ultimately remained near their record ...

Despite Thursday's rebound, the Nifty IT index remains down 15% year-to-date, in contrast with the Nifty 50’s 7.5% gain.

SEPT 18 - After months of economic debate and mounting attacks from US President Donald Trump, the US central bank cut interest rates on Wednesday. The Kenya breaking news | Kenya news today | ...

The Federal Reserve just cut its benchmark rate for the first time since last year, but that doesn't guarantee mortgage rates will keep dropping ...