interest rate cut News

IMF Endorses US Rate Cut Amid Economic Challenges and Supports Syria's Recovery

The IMF supports the Federal Reserve's interest rate cut, citing appropriate measures amid economic challenges. It also discusses its commitment to Syria's recovery and a $1.1 bill...

US Stock Market Surges as GDP Growth and Fed Rate Cut Boost Confidence

US stock indexes opened higher following an upward revision of GDP growth and the Federal Reserve's interest rate cut, reflecting a positive economic outlook and boosting investor ...

Korean Government Takes Immediate Action to Stabilize Financial Markets Amid U.S. Interest Rate Cuts

The Korean government held an emergency meeting to assess the impact of the U.S. Federal Reserve's interest rate cut, leading to increased volatility in financial markets. Measures...

Fed's Rate Cut Triggers Massive Dow Drop: Over 1,100 Points Lost

The US stock market experienced a significant downturn following the Federal Reserve's decision to cut interest rates by 25 basis points. The Dow Jones lost over 1,100 points, with...

Fed Rate Cut: A Close Call, But the Right Move Says Powell

Fed Chair Jerome Powell states the recent interest rate cut was a close call but the right decision, citing easing labor market, declining inflation, and balanced risks.

Fed Rate Cut Sparks Market Panic: Dow Plunges by 400 Points

Wall Street experiences significant losses after the Federal Reserve announces a 25-basis-point interest rate cut, with the Dow Jones Industrial Average dropping by 402 points. Fed...

Anticipation Builds as Markets Await Crucial Fed Rate Decision

US stock futures showed little movement as investors awaited the Federal Reserve meeting, expected to deliver another interest rate cut. The Fed's policy meeting begins Tuesday.

Thai Finance Minister Pushes for Another Interest Rate Cut Amid Low Inflation

Thailand's Finance Minister, Pichai Chunhavajira, pushes for another interest rate cut to align with low inflation. Despite economists predicting no change, Pichai hopes to see a r...

ECB's Lagarde Casts Doubt on 50 Bps Rate Cut in January

ECB President Christine Lagarde doubts a 50 bps rate cut in January, stating her position could change based on future data and assessments. She emphasized the need for clarity on ...

ECB's Fourth Rate Cut: A Strategic Move Amid Economic Uncertainties

The ECB is expected to cut rates for the fourth time this year, reflecting ongoing efforts to stabilize the European economy amidst weak growth and uncertainties. Officials advocat...

BOK Cuts Interest Rate Again to Boost Economy Amid Global Uncertainty

The Bank of Korea has lowered its base interest rate by 0.25 percentage points to 3% for the second consecutive month, aiming to stimulate economic growth amid global and domestic ...

ECB's Holzmann Suggests a 'Moderate' Interest Rate Cut is on the Horizon

ECB's Governing Council Member Robert Holzmann suggests a 'moderate' interest rate cut at the upcoming ECB meeting on December 12, with analysts speculating on the exact cut size.