US Fed Meeting Outcome LIVE Updates: Powell-led FOMC holds rates steady at 5.25-5.50%, cuts Treasury cap to $25 billion

US Fed Meeting Outcome LIVE Updates: Powell-led FOMC holds rates steady at 5.25-5.50%, cuts Treasury cap to  billion

US Fed Meeting Outcome LIVE Updates: The US Federal Reserve announced its interest rate decision today after a two-day Federal Open Market Committee (FOMC) meeting, leaving the benchmark interest rates unchanged at 5.25 per cent – 5.50 per cent for for the sixth straight meeting, in line with Wall Street estimates. The rate-setting panel ended …

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Oil prices rise 2% on smaller build in US crude stocks as Fed signals rate cuts in 2024; Brent nears $84/bbl

Oil prices rise 2% on smaller build in US crude stocks as Fed signals rate cuts in 2024; Brent nears /bbl

Oil prices climbed about two per cent on Wednesday, March 6, on a smaller-than-expected build in US crude inventories, a big withdrawal from distillate and gasoline stockpiles and remarks by the US Federal Reserve chair Jerome Powell that he still expects US interest rate cuts this year. Lower interest rates could increase demand for oil …

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US Fed Meet Highlights: Powell-led FOMC keeps key rates unchanged at 5.25-5.50% for 4th straight meeting

US Fed Meet Highlights: Powell-led FOMC keeps key rates unchanged at 5.25-5.50% for 4th straight meeting

US Fed Meet Highlights: The US Federal Reserve announced its interest rate decision today after a two-day Federal Open Market Committee (FOMC) meeting, leaving the benchmark interest rates unchanged at 5.25 per cent – 5.50 per cent for the fourth straight meeting, in line with Street estimates. The US central bank ended its first policy-setting …

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