Fed delivers second US rate cut
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The US Federal Reserve cuts interest rates from 4.75% to 4.5% to help kickstart housing and credit markets.
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The Federal Reserve is expected to cut interest rates by a quarter point Wednesday.
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US stock markets got a lift from the Federal Reserve's latest interest rate cut as the week's economic news confirmed the US economy is no longer accelerating and has struck a few worrisome potholes.
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Stocks rose on Tuesday as expectations the Federal Reserve will slash interest rates for the second time in a week boosted banks, insurers and home builders.
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European equity markets rallied strongly on Wednesday following the US Federal Reserve&#39;s move to cut its main interest rate by half a percentage point to 4.75 per cent.
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: The Federal Reserve on Wednesday nudged US interest rates up a quarter percentage point for the fourth time this year, citing healthier job markets and indicating it will press on with a rate-rise campaign.
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The Federal Reserveâs surprise rate cut stemmed a fall in the Asian markets Wednesday but heightened fears of recession. Stocks in Europe were down slightly.
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The US Federal Reserve keeps its main interest rate at 5.25%
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US interest rates are expected to rise by a quarter percentage point to 2.25% following a US Federal Reserve meeting later on Tuesday.
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The Federal Reserve raised the benchmark US interest rate Wednesday by a quarter of a percentage point to 2 percent, citing a stronger labor market with a gain of 337,000 US jobs last month.
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Economic data released Wednesday supports decision to cut interest rates.
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The Curious Capitalist: The Fed cuts rates by a half-point, and the stock market cheers  -  not that that means anything
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Federal Reserve chops another half point off interest rates - to 3% - in bid to head off economic recession
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The Federal Reserve didn&#39;t surprise anyone yesterday, as its policy-making body increased its key interest rate by one quarter percent, to 2 percent.
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The U.S. Federal Reserve on Tuesday slashed the benchmark federal funds rate by a half-percentage point in a bold bid to buffer the economy from a housing slump and related financial market turbulence.
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Stocks rallied for a second day on Wednesday as investors bet the Federal Reserve's aggressive rate cut would help prevent an economic slowdown.
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U.S. stocks surged for a second day today after tame inflation data encouraged investors already buoyed by the Federal Reserve's interest-rate cut the day before.