fromLondon Business News | Londonlovesbusiness.com
1 week agoThe significant events in the global economy over the past week - London Business News | Londonlovesbusiness.com
U.S. financial markets rallied this week as the Federal Reserve lowered interest rates for the first time since December 2024, cutting by a quarter of a percentage point. The move had been widely anticipated, but it reassured investors that the central bank is ready to support growth as the labour market shows signs of softening. The Fed's updated projections suggest that policymakers expect further cuts of up to half a percentage point
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