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'Not obvious what to do': Fed cuts rates, not confusion US has about its economy

While the US Federal Reserve cut interest rates for the first time since US President Donald Trump came to the office, it ...

NZ sharemarket drops after weak GDP data and US Fed rate cut - Market close

The New Zealand sharemarket fell today following a significantly lower gross domestic product update than expected, while the ...

Jerome Powell’s Caution Sends Bond Yields Higher, Markets Rethink Aggressive Rate Cuts

Federal Reserve Chair Jerome Powell addressed Wall Street's hopes for significant rate cuts, indicating that monetary policy ...

Federal Reserve cuts key interest rate for the first time this year

Fed officials, in a set of projections also released on Wednesday, signalled that they expect to reduce their key rate twice more this year, but just once in 2026. View on euronews ...