Are US interest rate cuts coming to an end?
Shares fell on Wall Street after America's central bank cut its key interest rate by 0.25%, but indicated this could be the last rate reduction for a while. The US dollar rose.
Shares fell on Wall Street after Fed Chair Jerome Powell announced a cut to its key interest rate of 0.25%, but indicated this could be the last rate reduction for a while. The US dollar rose in value on the news. Also Lily Jamali explains how TikTok is pursuing a last-ditch effort in the US Supreme Court to avoid a mandated sale or ban of the app in America the day before Donald Trump is due to take office as president. And how Finland has become a global hub thing for all things Christmas.
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