Jeromepowell

In a move to bolster the labour market and address slowing inflation, the US Federal Reserve has slashed its key lending rate by 50 basis points—the first cut since the pandemic. This unexpected rate reduction signals two more potential cuts in 2024. Zoya Springwala explains why the market could be divided on the impact, with concerns over the scale of the cut.

Fed chair indicates ‘time has come’ for rate cuts, what does this mean for Indian equities?

In his clearest indication yet, the US Federal Reserve Chair Jerome Powell signaled that the American central bank will finally start cutting interest rates. Zoya Springwala decodes what this could mean for Indian markets.

Live: US Fed Reserve chairman Jerome Powell announces interest rates after 2-day FOMC meet

After concluding 2-day FOMC (Federal Open Market Committee) meeting, Jerome Powell, Chairman, US Fed Reserve announces the committee’s decision on benchmark lending rates in the United States #live #jeromepowell #Media #federalbank

LIVE: Fed Chair Jerome Powell speaks at symposium on central bank independence

Fed Chair Jerome Powell speaks live in Stockholm at a symposium on central bank independence. Tune in!