CNN19d
Dow plunges by more than 1,100 points after Fed projects fewer rate cuts next year
The Federal Reserve cut interest rates by a quarter point Wednesday, but projected just two rate cuts in 2025, down from its original forecast for four. • That sent markets into a tailspin ...
Indiatimes19d
US Federal Reserve cuts interest rate by 25 basis points in key FOMC meet
The US Federal Reserve cut the interest rate by 25 basis points on Wednesday, according to an official statement following the key FOMC meeting. This 25 basis points cut has led to the central ...
PBS19d
WATCH: Fed Chair Powell holds news conference following quarter-point interest rate cut
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next ...
Gulf Business19d
CBUAE drops interest rates by 25 basis points, reflects US Fed move
The Central Bank of the UAE (CBUAE) has announced a 25 basis point reduction in the base rate applicable to the overnight deposit facility (ODF), effective December 19, 2024. This decision brings ...
Australian Broadcasting Corporation19d
Low-interest electric vehicle loans offered for workers earning less than $100k
Loans to buy electric vehicles worth less than $55,000 will be offered at interest rates up to 5 percentage points lower than standard. The government claims that could save EV buyers more than $ ...
Khaleej Times19d
UAE lowers interest rates after US cuts rates by 25 basis points
The Central Bank of the UAE announced the lowering of its overnight deposit facility rate to 4.4 per cent, following the 25 basis point cut by the US Federal Reserve. The UAE follows US monetary ...
Newsweek19d
Dow Jones Plummets 1100 Points After Fed Suggests Fewer Rate Cuts In 2025
The Dow Jones Industrial Average, one of the three U.S. stock indexes, plummeted a little over 1,100 points after the Federal Reserve on Wednesday suggested it would cut interest rates just twice ...
The Peninsula19d
Qatar Central Bank cuts interest rates by 30 basis points
Doha: Qatar Central Bank (QCB) announced on Wednesday that it has reduced the bank's deposit rate "QCBDR" by 30 basis points to 4.60 ... reduce the bank's current interest rates related to the ...
Investopedia19d
Diving into the Dots: What the Fed’s Interest Rate Projections Mean
The Fed’s “dot plot” showed that the median forecast for rate cuts in 2025 was now a half-percentage point, lower than their September projections. While interest rates may remain elevated ...
The Independent19d
Feds drop interest rates by another quarter-point easing burden for borrowers
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today. From reproductive rights to climate change to Big Tech, The ...
CBS News19d
Federal Reserve cuts interest rates by 0.25 percentage points, but projects fewer reductions in 2025
The Federal Reserve on Wednesday announced its third consecutive interest rate cut of 2024, reducing its benchmark rate by 0.25 percentage points amid cooling inflation. Yet in a blow for ...
New York Post20d
Fed slashes rates but signals slower pace of cuts in 2025 — Dow plunges more than 1,100 points
The Federal Reserve slashed interest rates as expected Wednesday, but signaled fewer cuts than originally forecast for 2025 — sending the Dow spiraling more than 1,100 points. The Fed cut rates ...