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The Fed cut rates by half a point in September, marking the central bank’s first rate-reduction during a 2 1/2 year battle against inflation in the wake of the COVID-19 pandemic.
Edit Update. Stocks hold steady as Fed’s rate cut arrives. Stocks largely remained unchanged Thursday afternoon after the Fed announced a 25-basis-point interest rate cut.
De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...
The Australian dollar (sign: $; code: AUD; also abbreviated A$ or sometimes AU$ to distinguish it from other dollar-denominated currencies; [2] [3] and also referred to as the dollar or Aussie dollar) is the official currency and legal tender of Australia, including all of its external territories, and three independent sovereign Pacific Island states: Kiribati, Nauru, and Tuvalu.
The Fed cut its federal funds rate — the interest rate banks charge each other for short-term loans — by 0.25 percentage points, lowered the rate to a range of 4.25% to 4.5%, down from its ...
The KQED-FM newsroom prepares frequent local and California news updates which air between programs, in addition to hourly newscasts from NPR. In addition to over-the-air broadcasts, KQED-FM audio is carried on Comcast digital cable channel 960 with live streaming audio from its website and from the iHeartRadio platform.
U.S. stocks fell Monday as investors faced another medley of earnings and evaluated the outlook for interest rates following January's blowout jobs report.. The S&P 500 closed down 0.6%, while the ...
WUSF (89.7 FM) is a National Public Radio (NPR) member station in the Tampa Bay area. It is licensed to Tampa and owned by the University of South Florida. WUSF is non-commercial and listener-supported. The station's format features news and talk programming 24 hours a day, 7 days a week, provided by NPR and other public radio networks. The ...