Tag: Rates
Federal Reserve Officials Divided on Half-Point Rate Cut in September Meeting
Federal Reserve officials met in September to discuss interest rates and ultimately decided on a half-point cut in an effort to balance inflation and the labor market. This decision was not made lightly, as...
RBNZ Rate Decision: Focus on Kiwi – Action Forex
The New Zealand dollar, also known as the Kiwi, has been struggling in the currency exchange market this year. Despite a slight increase against the yen and the Swiss franc due to lower interest...
GBP/USD Price Drops After BoE Keeps Rates Steady
The British pound saw a decline on Thursday, with GBP/USD trading at 1.2683 during the North American session, marking a 0.29% decrease for the day. The Bank of England's decision to keep rates unchanged...