KUALA LUMPUR: Permodalan Nasional Bhd’s (PNB) wholly-owned unit trust management company, Amanah Saham Nasional Bhd (ASNB) has declared a total income distribution of 5.75 sen a unit for Amanah ...
The US Federal Reserve lowered interest rates by 0.25%. This is the third rate cut in a row. Inflation has been rising recently. The Fed's move comes before Donald Trump replaces Joe Biden as ...
Wall Street stumbled on Wednesday, with major indices tumbling after the Federal Reserve implemented a quarter-point interest rate cut but hinted at a slower pace of future reductions. Concerns over ...
The Fed's decision, along with its forecast of fewer rate cuts in 2025, rattled investors across the globe, leading to widespread sell-offs in equities. Listen to Story Fed cuts interest rate by 25 ...
The US Federal Reserve on Wednesday cut interest rates by a quarter point and signaled a slower pace of cuts ahead, triggering a sharp sell-off in the financial markets. Policymakers voted 11-to-1 ...
The Federal Reserve cut its key interest rate by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, ...
The Federal Reserve adjusted a key part of its rate control toolkit on Wednesday, lowering the rate it offers on its reverse repo facility by more than it cut the federal funds rate. The Fed said that ...
Financial markets are coming to grips with the possibility that global interest rates may not go much lower and advanced economies like the US and Australia will be prone to higher inflation in a ...
Global cryptocurrency market capitalization is trading 2.5% down to $3.6 trillion. One trader anticipates price discovery after the rate cut dust settles, another marks several potential support ...
The Federal Reserve today made its final interest rate decision of 2024, capping a year during which the central bank provided some financial relief to inflation-weary borrowers in September by ...
The Fed signals slower 2025 rate cuts and raises inflation forecasts, projecting core PCE at 2.5% for 2025. Stocks sharply pulled back after the decision, and the dollar index jumped 0.7%.
The Fed rate cut scheduled for today marks a pivotal moment for markets. Economists predict a 0.25 percentage point drop to 4.25%-4.50%. This third rate cut of 2024 ...