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Cuts Interest Rates

Federal Cuts Interest Rates Again Third Time Signals Caution For 2025 Amid Inflation Concerns

19 Dec 2024

The Federal Reserve said it trimmed its benchmark interest rate Wednesday, Dec 18, marking the third consecutive rate cut by a quarter percentage point. But the central bank was cautious about further cuts in rates, adjusting projections for 2025 toward slower pace of rate reduction. Federal Reserve Cuts Interest...

Sensex and Nifty Reach New Record Highs After US Fed Cuts Interest Rates by 50 Basis Points

19 Sep 2024

The Indian stock market experienced a surge on Thursday, responding positively to the US Federal Reserve's decision to cut interest rates by 50 basis points—the first reduction since 2020. The Nifty at the National Stock Exchange surpassed the 25,500 mark for the first time, while the Sensex at the BSE...