Tag: U.S. Federal Reserve
Asian shares took a downturn on Friday, with the yen on track for its strongest weekly performance in four months. This followed Tokyo’s core inflation data for November, which revealed persistent price pressures and fueled speculation about a potential rate...
The U.S. Federal Reserve reduced interest rates by a quarter-point on Thursday, unfazed by the political climate surrounding Donald Trump's election victory. The decision, which lowers the federal funds rate to a range of 4.50% to 4.75%, was met with...