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The Fed says its long-awaited rate cut is apolitical, even close to the presidential election
The Federal Reserve, which just cut interest rates by a half of a percentage point, said it has no relation to the presidential election.
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Asian markets track Wall Street record to extend global rally
Asian markets built Friday on the latest global rally after a jumbo US interest rate cut, while the yen edged up as focus ...
Why US Fed cut interest rates, how India could be impacted
A cut in interest rate typically incentivises economic activity, promotes growth, and increases job creation by making it cheaper for people to borrow money. Conversely, a hike in interest rates or ...
Has the Fed overreacted to the US economy?
The Fed’s decision meets the theoretical economic rules but there is an intuitive question about whether such a large cut was ...
ET Explainer: How Fed’s more-than-expected rate cut will impact markets
The US Federal Reserve has cut interest rates for the first time since March 2020, signaling a shift from monetary tightening ...
Pension scheme for children, mixed media art: Top personal finance stories
The government has launched NPS Vatsalya, a scheme that aims to promote retirement savings from an early age. While this is a ...
World Street | S&P 500 at record high, China, BoE keep interest rates steady, and more
Some of the top global developments include US markets ending higher overnight after Fed's 50 bps rate cut booster, followed ...
Trump Decries Fed Rate Cut as ‘Political Move’ That Won’t Work
Republican presidential candidate Donald Trump said the Federal Reserve’s decision to lower its benchmark interest rate by a ...