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Top Moneycontrol News

Federal Reserve · WashingtonThe Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market. In an 11 to 1 vote that signaled less dissent than Wall Street had anticipated, the Federal Open Market Committee lowered its benchmark overnight lending rate by a quarter percentage point. The decision puts the overnight funds rate in a range between 4%-4.25%.See the Story
Federal Reserve cuts key rate by quarter-point and signals two more cuts this year
52% Center coverage: 169 sources

Narendra Modi · United StatesPresident Trump spoke Tuesday with Indian Prime Minister Narendra Modi, offering praise for Modi despite recent tensions between the two countries over India’s reliance on Russian oil. “Just had a wonderful phone call with my friend, Prime Minister Narendra Modi. I wished him a very Happy Birthday!” Trump posted on Truth Social as he was…See the Story
Trump says he had ‘wonderful’ call with Modi amid tensions
67% Right coverage: 21 sources