Tag: Federal Reserve monetary policy
British Pound Surges to Multi-Year Highs After Bank of England and Fed Decisions –...
The British pound has recently surged to multi-year highs, briefly exceeding the 1.33 USD mark before losing some momentum following the Bank of England's decision to keep interest rates unchanged. This bullish movement comes...
Federal Reserve cuts interest rates by 0.5% for the first time in 2020
The Federal Reserve made a significant move on Wednesday, cutting interest rates by 0.5% for the first time in 2020. This decision was met with anticipation and uncertainty from investors, who were divided on...