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BBCNEWS Business Today September 21, 2024 - Vimarsana News

BBCNEWS Business Today September 21, 2024

Cut of half a Percentage Point on wednesday has spurred investors sending us markets into record highs. Traders cheered the Central Banks big call cutting the main Interest Rate to between 4. 75 and 5 . Opening the door with a bang on the first rates Easing Cycle in more than four years. President biden hailed the move as good news for consumers but said there was more work to be done in taming inflation. Lets be clear. The fed lowering Interest Rate is not a declaration of victory, its a declaration of victory, its a declaration of victory, its a declaration of progress. Its a Signal Weve ent...

ED recovers Rs 25 crore and counting still on: Who is Jharkhand minister Alamgir Alam | Ranchi News - Vimarsana News

ED recovers Rs 25 crore and counting still on: Who is Jharkhand minister Alamgir Alam | Ranchi News

Ranchi ED raids uncovered over Rs 20 crores at Sanjiv Lal's aide's residence. Sanjiv Lal, the personal secretary to Alamgir Alam, Rural Development Mi

The Fed could make a big change today. And no, we're not talking about interest rates - Vimarsana News

The Fed could make a big change today. And no, we're not talking about interest rates

Wednesday’s Federal Reserve policy decision will likely be pretty boring for investors — officials are widely expected to keep interest rates the same. But some savvy traders are getting excited about another key decision.

Source: yahoo.com
Stock market today: Stocks rally after Fed decision as Powell soothes rate nerves - Vimarsana News

Stock market today: Stocks rally after Fed decision as Powell soothes rate nerves

Fed day arrives with the focus on what clues Powell will offer to the chances for rate cuts this year.

Source: yahoo.com
Yellen defends Fed independence as Trump allies push plans for more control - Vimarsana News

Yellen defends Fed independence as Trump allies push plans for more control

Trump upended the tradition of presidents not weighing in on the Fed’s monetary policy decisions while he was in office, publicly attacking Fed officials and Chair Jerome Powell.

Source: yahoo.com