A grass fire near homes above Goulburn's Marsden Weir has been contained. If you have a story to tell, drop me a line at louise.thrower@austcommunitymedia.com.au or call 0418 229 678. If you have ...

Gov. Abbott issues orders to safeguard Texas from CCP threats I spent $180 on a red-eye flight to Europe. I'd book the same budget airline again, but there's one thing I'd change. We Found the ...

CNBC The Fed is flip-flopping and their message was too hawkish in the near-term: Barclays Posted: December 20, 2024 | Last updated: December 20, 2024 Ajay Rajadhyaksha of Barclays says that the ...

Wall Street is calling this a “hawkish cut” because the Fed’s potentates rolled back their expectations about future rate cuts. But the real way to think about Wednesday’s monetary news is ...

However, the previous days’ losses were nowhere near the rapid decline seen Wednesday. Wall Street had expected the Fed to cut rates, but the statement that it is expecting just two rate cuts in ...

The Fed Chair said there was "broad support" for the 25 basis point rate cut. Jerome Powell and ten other members voted for the quarter-point cut, while voting against the action was Beth M. Hammack, ...

Analysts will be keenly tracking the projections and remarks that Fed Chair Jerome Powell will deliver in a post-meeting press conference later in the day to discern if policymakers are turning more ...

WSJ’s Nick Timiraos and former Fed Vice Chair Richard Clarida explain how much influence Donald Trump will have over the Fed. Photo Illustration: Rio Roye & Annie Zhao Investors shuddered on ...

Copyright 2025 The Associated Press. All Rights Reserved. The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year ...

Watch Powell’s remarks in the player above. The Fed’s 19 policymakers projected that they will cut their benchmark rate by a quarter-point just twice in 2025, down from their estimate in ...

The S&P 500 and Nasdaq have traded at or near record highs in recent days, partly in anticipation of a rate cut by the Fed. But the Dow has had a long December. Wednesday marked the 10 th ...

And they are intact when interest rates are on the decline," Jones added. And, despite the Fed delivering another 25 basis point rate cut today, the overall messaging from the central bank was a ...