RBA cuts rates 25 basis points in surprise to some; central bank cites slower growth, higher unemployment among reasons

Topics:  central bank   cuts rates   
BING NEWS:
  • Aussie dollar smashed after US cuts rates
    The Australian dollar has plummeted to a one-year low after the US cut interest rates again but signalled a slower pace of cuts ahead, triggering a sell-off in financial markets and causing the US ...
    12/18/2024 - 11:15 am | View Link
  • Fed cuts interest rates, delivering relief for borrowers at last meeting before Trump takes office
    The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday, delivering relief for borrowers at the central bank's last meeting before President-elect Donald Trump takes ...
    12/18/2024 - 8:38 am | View Link
  • Federal Reserve cuts interest rates by 0.25 percentage points, but projects fewer reductions in 2025
    The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
    12/18/2024 - 8:10 am | View Link
  • Fed lowers rates but sees fewer cuts in 2025 due to stubbornly high inflation
    The U.S. central bank lowered interest rates on Wednesday, but Federal Reserve Chair Jerome Powell said more reductions in borrowing costs hinge on further progress in lowering stubbornly high ...
    12/18/2024 - 7:42 am | View Link
  • Federal Reserve Cuts Interest Rates by Quarter-Point
    The Federal Reserve on Wednesday announced that the central bank is cutting interest rates by a quarter-point. Why It Matters. The federal funds rate is the target int ...
    12/18/2024 - 6:34 am | View Link
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