[ad_1] The US Federal Reserve might have been better off implementing 25 basis point increases in July and September rather than starting with a 50 basis point cut, suggests Gargi Pal Chaudhuri, Head of iShares Investment Strategy Americas at BlackRock. Sharing her insights on the Federal Reserve’s current policies and their implications for financial markets […]
US Fed Rate Cut: Dollar Index plunges to 14-month lo – CNBC TV18
[ad_1] The US dollar index plummeted to a 14-month low after the Federal Reserve, led by Chairman Jerome Powell, implemented a surprising 50 basis point cut in interest rates, marking the beginning of a new rate-lowering cycle. This aggressive move caught many economists off guard, although markets had anticipated the possibility, with Fed funds futures […]