Mexican Peso dips after Fed cuts rates by 25bps; gradual future easing signaled. Fed Chair Powell highlights persistent inflation risks, impacts on emerging currencies like Peso. Fed’s SEP shows rate to drop to 3.9% by...

GBP/USD receives support as the Bank of England is widely expected to keep interest rates unchanged on Thursday. The Pound Sterling depreciated more than 1% against the US Dollar following the Fed’s decision on Wednesday....

Federal Reserve Chairman Jerome Powell explains the decision to cut the policy rate, federal funds rate, by 25 basis points to the range of 4.25%-4.5% after the December meeting and responds to questions in the...

US Dollar soars as markets digest Powell’s words, Fed’s hawkish cut NEWS | 12/18/2024 19:40:00 GMT | By Patricio Martín DXY trades rose above 107.80, reacting to the Fed’s anticipated rate cut. Markets parse new...

By Joseph Capurso, Head of International and Sustainable Economics at CBA. Key Points: As was widely flagged, the FOMC cut the Funds rate by 25bp to a range of 4.25%-4.50%. Concerns about the pace of...