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01:51 AM
US Fed Meeting Live: Check Key Highlights
The US Federal Reserve on Wednesday reduced its key interest rate for the third time since the pandemic, in line with expectations. The Federal Open Market Committee lowered the rate for the first time in September and then in November.
The central bank had kept its key interest rate unchanged for eight consecutive meetings until July, after raising it by 25 basis points last year, bringing the benchmark rate to a 22-year high.
Read full story here.
01:43 AM
US Fed Rate Cut Reaction: Gold Extends Losses
Gold extended declines after the Federal Reserve lowered interest rates and forecast less monetary easing for 2025. Spot gold was 1.6% lower at $2,605 an ounce in New York. Silver, palladium and platinum were all lower.
Read full story here.
01:37 AM
Jerome Powell Live: Fed Gave Big Rate Cut This Year, Chair Says
“The one percentage point in cuts this year show that the US Fed has done a lot to support the economy,” Powell said, adding policymakers now want to see progress on inflation before reducing rates further.
01:32 AM
US Fed Rate Cut: Dollar Surges Ahead
The US dollar continued to rally after Federal Resreve cut its benchmark interest rate, but projected less cuts next year.
The dollar index is up 0.9% at 108, highest since 2022.
Read story here.
01:32 AM
US Stock Market Check: Dow Jones, Nasdaq Shed 1%
Here’s how US markets are reacting as Jerome Powell is talking about the Federal Reserve interest rate cut:
- Dow Jones down 1.13% at 42,960.
- S&P 500 down 0.8% to 6,000.
- Nasdaq Composite down 1.6% to 19,788.
01:22 AM
Jerome Powell Live: No Clarity On Trump Tariff Impact
01:16 AM
Jerome Powell Live: Inflation Worries Persist
01:12 AM
Jerome Powell Live: US Job Market Cooling
01:06 AM
Jerome Powell Live: US Fed At Neutral Setting
01:05 AM
Jerome Powell Live: US Economy Resilient, Says Fed Chair
01:02 AM
US Fed Chair Jerome Powell Begins | WATCH
01:00 AM
US Fed Repeats Risks To Labour, Inflation Goals Roughly In Balance
12:56 AM
US Fed Reaction: Treasury Yield Rises
12:51 AM
US Fed Meeting Live: Key Takeaways From Statement
12:49 AM
US Fed Reaction: Dollar Surges After Rate Cut
12:46 AM
US Fed Meeting Live: Job Data Projection
12:43 AM
US Fed Meeting Live: Rate Cut Projection For 2025
12:39 AM
U.S Fed Meeting Live: Dow Jones, Nasdaq Drop
12:37 AM
US Fed Rate Live: FOMC Votes In 11:1
12:30 AM
Live: FOMC Delivers Third Interest Rate Cut In Final Meeting Of 2024
12:12 AM
11:41 PM
US Fed Meeting Live: Stocks Remain In Green Hour Beore Decision
11:12 PM
US FOMC Live: Going For 25 BPS Cut
10:36 PM
US FOMC Live: Dollar Gains Strength
10:32 PM
US Fed Meeting: Where And How To Watch FOMC Meet
10:18 PM
US Fed Meeting Live: US GDP Growth In Q3
09:53 PM
US Fed Meeting Live: The Latest On Inflation Reading
09:32 PM
US Fed Meeting Live: Stocks Make Notable Gains
09:16 PM
US Fed Meeting Live: What Fed Officials Discussed In Last FOMC Meeting
08:53 PM
Other Major Global Events This Week
08:43 PM
US FOMC Decision: Quarter-Point Rate Cut Expectation
08:36 PM
US Fed Meeting: Stocks On Edge For 2024’s Last FOMC Call
08:32 PM
US Fed Meeting Live: Bitcoin Dips From Life Highs
08:20 PM
US Fed Meeting Live: Gold Prices Slip
08:19 PM
US Fed Meeting Live: Bond Steady
08:09 PM
US Fed Meeting Live: Dollar Unchanged
08:02 PM
US Fed Meeting Live: Stocks Open Mixed
07:45 PM
US Fed Meeting Live: How Markets Closed A Day Ago
07:43 PM
US Fed Meeting Live: Stock Futures Mixed
07:35 PM
US Fed Meeting Live: FOMC Decision Day
