Interest Rate Cut

The Federal Reserve surprised investors earlier this week by enacting an aggressive 50 basis point cut in benchmark interest rates, marking the first such move since March 2020. What happened: The dip in borrowing costs immediately boosted risky asset classes like cryptocurrencies, with Bitcoin (...

Officials from three of the world’s leading central banks have now hinted at potential interest rate cuts in the upcoming months. This move comes as the global economy continues to recover from the inflationary effects of the pandemic. What Happened: Jerome Powell, the Chair of the Federal...

In a recent podcast, Neel Kashkari, the President of the Federal Reserve Bank of Minneapolis, has called for a prolonged period of unchanged interest rates. He has warned that any reduction before inflation is tamed could jeopardize the foundation of U.S. prosperity. What Happened: Kashkari, in an...

The U.S. Federal Reserve could cut interest rates by 25 basis points Wednesday, and the classic playbook calls for investors to transition from high-quality growth stocks to industrial sectors that stand to benefit, said CNBC's Jim Cramer. What He Said Investors need to accept that a rotation...