Federal Reserve cuts interest rates to support job market and fight inflation amid economic growth and Trump presidency.

Move comes in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump's presidential election victory this week

The move comes after Donald Trump's election win and the ensuing global uncertainty. The Fed said that the job market has "generally eased," with inflation nearing the 2% target.

The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday as policymakers took note of a job market that has

The Federal Reserve cut its key interest rate by a quarter-point on Thursday amid postelection uncertainty.

The US Dollar Index (DXY) rebounded somewhat after the Federal Reserve (Fed) cut its benchmark interest rate by 25 basis points, bringing it to 4.50%-4.75%.

US Dollar Index (DXY) declined marginally after the Federal Reserve's 25 basis point rate cut.

Bitcoin and the cryptocurrency market maintained positive price action following the first Federal Reserve rate slash after Donald Trump’s win.

The Mexican Peso rallied against the Greenback on Thursday after Donald Trump’s victory in the US presidential election.

The Federal Reserve cut interest rates by 25 basis points on Thursday.It follows a 50-basis-point cut in September, with the pace of inflation continuing

The Fed now seems a bit less confident about inflation returning to its two percent target. | Economy

Nov. 7 (UPI) -- The Federal Reserve Thursday lowered interest rates for the second time this year, cutting the federal lending rate by a quarter point, or 0.25%. That brings the lending rate range to 4.50-4.75%.

The GBP/USD barely moved after the Federal Reserve (Fed) cut rates by 25 basis points (bps) to the 4.50%—4.75% range.

The US Dollar (USD) keeps seeing selling pressure throughout the trading day on Thursday, with profit-taking pressure persisting after the Greenback had its best performance in years in reaction to Donald Trump winning the US presidential election.

Donald Trump's election victory is set to make the Federal Reserve's job more difficult.His tariff and immigration plans are expected to stoke

Yields on government bonds — which underpin all kinds of borrowing in the economy — are rising. But the Fed is cutting rates. What gives?

EUR/USD rebounds to near 1.0800 in North American trading hours on Thursday.

The AUD/USD currency pair declined but holds gains around 0.6640 after the Federal Reserve (Fed) cut its target range for the federal funds rate by 25 basis points on Thursday.

The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that angered Americans and helped drive Donald Trump’s presidential election victory this week.

Here is what you need to know on Thursday, November 7: The US Dollar (USD) outperformed its major rivals on Wednesday as markets reacted to Donald Trump winning the US presidential election.

The Nifty 50 index opened flat at 24,489.60 points, while the BSE Sensex index was down marginally by 0.16 percent during early trade to 80,248.60 points.

TOKYO : The dollar hovered off a four-month high on Thursday as the market continued to digest Republican Donald Trump's win in the U.S. presidential election, while investors eyed several central bank decisions that will be topped off by the Federal Reserve.The Fed is expected to cut interest rates by 25

The Fed lowered rates by 25 basis points to a 20-month low, but economists say tariffs may throw a wrench in the rate cutting cycle.

WASHINGTON — The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had a

Trump’s aggressive tariff proposals “could derail the Fed cutting cycle,” cautioned Bank of America.

TOKYO: The dollar hovered off a four-month high on Thursday as the market continued to digest Republican Donald Trump's win in the US presidential election, while investors eyed several central bank...

The USD/CAD pair extends the rally to near 1.3940 during the early Asian session on Thursday.

President-elect Donald Trump won his second term in office Tuesday after promising to fight the inflation that has hammered household budgets since 2021. However, financial markets are betting he'll make it worse instead.

Treasury yields surged on Wednesday, putting upward pressure on mortgage rates, as market participants strapped in for a Trump presidency that's expected to boost inflation and interest rates.

The Greenback was set for its biggest one-day gain since 2020, boosted by Trump’s victory and the rising chances of a “Red Sweep.” Up next is the Fed meeting, where a 25-basis-point rate cut is widely expected by investors.

NZD/USD trades down by over three quarters of a percent in the 0.5940s as the US Dollar (USD) strengthens across the board following the announcement that the Republican nominee Donald Trump won the US presidential election.

Bond yields surged after Trump's reelection, which could impact the rate borrowers get on loans. The 10-year Treasury yield rose 18 basis points, and

Markets are pricing in a near-certainty that the FOMC will lower its benchmark rate by a quarter percentage point.

The Federal Reserve faces a starkly different outlook for growth and inflation now that former President Donald Trump looks to have secured his return to the White House, only this time with the likely support of both Houses of Congress for his tax, spending and tariff plans.

The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, surged to a four-month high after former US President Donald Trump secured the necessary electoral votes to become the next US president.

The US Federal Reserve is expected to announce a quarter-point interest rate cut this week, shrugging off the economic uncertainty raised by Donald Trump's US election victory to continue easing borrowing costs on the back of cooling inflation.

The US Federal Reserve is expected to announce a quarter-point interest rate cut this week, shrugging off the economic uncertainty raised by Donald Trump's US election victory to continue easing borrowing costs on the back of cooling inflation.

The USD/CAD pair recovers Tuesday’s sell-off and returns above the key figure of 1.3900 in North American trading hours on Wednesday.