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US Fed cuts key rate a quarter point and signals fewer cuts ahead

The US Federal Reserve cut interest rates by a quarter point Wednesday and signaled a slower pace of cuts ahead, as uncertainty grows over inflation and President-elect Donald Trump’s economic plans.Policymakers voted 11-to-1 to lower the central bank’s key lending rate to between 4.25 percent and 4.50 percent, the Fed announced in a statement.This is the final …

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Zelensky huddles with European leaders as Trump looms

Ukrainian President Volodymyr Zelensky met with NATO chief Mark Rutte and key European leaders in Brussels Wednesday to strategise over Russia’s war ahead of Donald Trump’s return to the White House.Addressing reporters alongside Rutte, Zelensky called it a “very good opportunity to speak about security guarantees for Ukraine, for today and for tomorrow.”The pair were …

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US Fed cuts key rate a quarter point, signals fewer cuts ahead

The US Federal Reserve cut interest rates by a quarter point Wednesday and signaled a slower pace of cuts ahead, as uncertainty grows over inflation and President-elect Donald Trump’s economic plans.Policymakers voted 11-to-1 to lower the US central bank’s key lending rate to between 4.25 percent and 4.50 percent, the Fed announced in a statement.The sole holdout, …

US Fed cuts key rate a quarter point, signals fewer cuts ahead Read More »