Cuts

Barbie was much more than the highest-grossing movie of the year, though raking in $1.4 billion worldwide was certainly impressive. For Mattel, the blockbuster sparked a boom in Barbie toy sales—and helped the toymaker avoid the kind of…

Atlanta Fed Pres. Bostic is on wires say:Rate cuts are not seen as imminent, but preparations for possible principles and thresholds to guide the process are underway.Anticipation of two quarter-percentage-point interest rate cuts in 2024,…

© Reuters. Investing.com-- Most Asian currencies steadied after a recent rally on Friday, while the dollar languished at four-month lows as traders positioned for deeper-than-expected interest rate cuts by the Federal Reserve in…

© Reuters. A worker holds samples of new Japanese yen banknotes at a factory of the National Printing Bureau producing Bank of Japan notes at a media event about the new notes scheduled to be introduced in 2024, in Tokyo, Japan, November…

© Reuters Investing.com - The U.S. dollar fell close to four-month lows in early European trade Thursday after the Federal Reserve signaled rate cuts next year, with the European Central Bank and the Bank of England set to meet…

Goldman believes that the Fed could begin rate cuts from the first quarter of next year as inflation hopefully falls. Financial services giant Goldman Sachs Group Inc (NYSE: GS) has revised its call for Fed interest rate cuts for 2024.…

© Reuters. FILE PHOTO: U.S. Dollar banknote is seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Samuel Indyk and Brigid Riley LONDON (Reuters) - The dollar dropped to a fresh four-month low…

Breadcrumb Trail LinksPMN BusinessThe Federal Reserve pivoted toward reversing the steepest interest-rate hikes in a generation after containing an inflation surge so far without a recession or a significant cost to employment.Author of the…

© Reuters. FILE PHOTO: Argentina's Minister of Economy Luis Caputo speaks to the press, one day after the inauguration of Argentina's President Javier Milei, in Buenos Aires, Argentina, December 11, 2023. REUTERS/Agustin Marcarian/File…

FOMC INTEREST RATE DECISION KEY POINTSThe Federal Reserve keeps borrowing costs unchanged in their present range of 5.25% to 5.50%, in line with expectationsThe dot plot sees 75 basis points of easing in 2024, a little less than current…