US EditionStock Markets Fluctuate After Fed Rate Cut
20 Articles
20 Articles
Yesterday, the Federal Reserve (Fed) decided to reduce its monetary policy rate by 25 basis points. It was not a routine meeting: the monetary authority acted largely because of the weakness of the labour market, which after recent revisions to employment figures has proved to be higher than originally anticipated. It is worth recalling that the Fed has a dual mandate: on the one hand, to keep inflation low and stable, and on the other hand, to …
Channel News Asia
Stock markets fluctuate after Fed rate cut
LONDON: European stock markets rose while Asia was mixed on Thursday (Sep 18) after the US Federal Reserve lowered interest rates but left investors wondering how many more cuts were in the pipeline.Paris and Frankfurt stocks rose more than 1 per cent, while London also edged up nearing the halfway stage.
Most global stock markets advanced this year...
If history is to be believed, the start or renewal of Fed interest rate cuts usually implies positive prospects for investors in the US stock market.
Tech stocks reacted most negatively to the Fed's interest rate decision.
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