The Federal Reserve has reduced its key interest rate by 25 basis points, marking the first rate cut of 2025. Markets react as Chair Jerome Powell hints at future policy adjustments to support economic growth.
fed rate decision
All Eyes on Powell: Fed Rate Cut Drama Unfolds This Week
Fed Rate Cut Drama: The US Dollar (USD) ended another week with small declines. The Greenback has been caught in a mild consolidation phase for the better part of five weeks, stuck in a volatile rut near 98.00.