Philippine Peso Drops to Fresh Record Low as Central Bank Says February Rate Cut on Table

The Philippine peso declined to a new record low after the central bank signaled an interest-rate cut and as traders assessed its tolerance for a weaker currency.
CNN

The Fed just cut interest rates for the third-straight time

• The Federal Reserve cut interest rates Wednesday by a quarter point as expected, lowering borrowing costs for the third time this year. • Wall Street rallied after Fed Chair Jerome Powell ruled out ...
CNN

Fed announces first rate cut in nine months, signals more reductions to come

• The Federal Reserve cut its benchmark interest rate Wednesday for the first time since December and signaled more cuts are likely this year. • Central bankers opted for a quarter-point cut this time ...
CNBC

Fed meeting recap: Powell says another rate cut in December 'is not a foregone conclusion'

This is CNBC's live blog covering the Federal Open Market Committee meeting and Chair Jerome Powell's press conference. The Federal Reserve policymakers announced a quarter percentage point, or 25 ...