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What Is The Point Of COP29, An Annual UN Climate Summit?

Baku: Tens of thousands of people from around the world will gather next week for COP29, the annual United Nations climate summit, in Azerbaijan's capital Baku. But understanding the rationale for these discussions can be difficult, as each year's summit creates its own commitments, plans, and paperwork. Here's what you need to know about why […]

US Fed Cuts Interest Rates A Quarter Point After Trump Victory

Washington, USA: The Federal Reserve pushed forward with a quarter-point rate cut on Thursday, dismissing concerns about the impact of Donald Trump's election victory on interest rates. The Fed is located a short walk from the White House, and Democratic President Joe Biden plans to hand the keys back to him in January following the […]

Fed Cuts Interest Rates By A Quarter Point

The US Federal Reserve (Fed) on Thursday announced a second consecutive year of lower interest rate benchmarks, a move widely anticipated by investors. The Federal Reserve has announced that its target range for the federal funds rate (the rate at which interest rate banks charge each other to borrow their reserves) will be 4.50% to […]

Fed cuts interest rates quarter of a point after Trump election victory

US central bankers have cut the country's key interest rate by a quarter of a percentage point in a bid to keep the US economy on solid footing following Donald Trump's presidential election victory. In announcing the widely expected interest rate cut – the Federal Reserve's latest attempt to balance the risks of inflation with […]

Bank of England cuts interest rates by a quarter point: Live updates – CNBC

Bank of England cuts interest rates by 25 basis points Commuters outside the Bank of England (BOE) in London, England, Monday, September 16, 2024. The central bank's Monetary Policy Committee's interest rate decision is expected to be announced on September 19th. Bloomberg | Bloomberg | Getty Images The Bank of England cut interest rates by […]