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Tag: Interest rate decision

European bond yields remain stable, while the metal route keeps the markets in its grip
Stock Market

European bond yields remain stable, while the metal route keeps the markets in its grip

Yields on eurozone safe-haven government bonds were stable on Monday as precious metals markets roiled at the start of a week that will also include a European Central Bank interest rate decision. Silver and gold extended last week’s declines, falling about 10% and 6% respectively, prompting investors to sell other assets such as stocks to […]

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The US Fed cuts interest rates by 25 basis points as the government shutdown casts a shadow on the economic outlook
Stock Market

The US Fed cuts interest rates by 25 basis points as the government shutdown casts a shadow on the economic outlook

The US Federal Reserve cut interest rates on Wednesday, cutting the Fed Funds rate by 25 basis points to 3.75%-4%. This is the second consecutive rate cut this year, as policymakers look to support growth amid signs of a weakening labor market. The decision was in line with market expectations as traders had fully priced […]

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