A Promising Economic Signal: US Treasury Secretary on Fed’s Rate Cut US Treasury Secretary, Janet Yellen, recently lauded the Federal Reserve’s decision to slash interest rates by 50 basis points. Describing this measure as a "very positive sign" for the American economy, Yellen’s statements resonated during her address at the Atlantic Festival 2024 in Washington,US Treasury Secretary Praises Fed’s Interest Rate Reduction as Economic Boost
# A Week of Dramatic Turns for Financial Markets and Crypto ETFs The past week has been quite remarkable for financial markets and the global economy. With the central bank of the world’s strongest economy making a pivotal change in its monetary policy, reducing key interest rates by 0.5%, local investors have shown varying behavioursHow Did US Investors React to the Week of Fed’s Rate Cuts?
A Pivotal Jobs Report: What It Means for the Fed’s Rate Cut It was a rather significant Friday, and many economists had their eyes glued to a report of great import. This particular document, released on a Friday, would quite possibly decide the dimensions of the Federal Reserve’s future rate cut. Moreover, the findings presentedUpcoming Employment Data May Influence Fed’s Decision on Rate Adjustments
