Policymakers voted to cut target range for benchmark rate to 4.00% to 4.25% Dubai: The US Federal Reserve cut its benchmark interest rate by 25 basis points for the first time in 2025, while penciling ...

The Naira appreciated against the United States dollar in both the official and parallel foreign exchange markets on Tuesday following the decision of the Central Bank of Nigeria, CBN, to cut its ...

Base rate applicable to the Overnight Deposit Facility (ODF) lowered to 4.15% from 4.40% Dubai: The Central Bank of the UAE (CBUAE) announced late Wednesday it has decided to lower the base rate ...

Nigeria’s inflation rate declined for the fifth consecutive time to 21.12 percent in August, down from 21.88 percent in July 2025 amid a drop in food prices. This is according to the National Bureau ...

The Broward County Commission voted Tuesday to cut the annual property tax rate, a mostly symbolic move that won’t lower anyone’s bills but will keep them from going up as high as they could have — ...

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...

WASHINGTON (AP) — The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of ...

The widely expected cut of a quarter percentage point comes amid economic pressures ranging inflation and tariffs to sluggish job growth. Two more cuts are expected before the end of the year. The US ...

Fed officials, in a set of projections also released on Wednesday, signalled that they expect to reduce their key rate twice more this year, but just once in 2026. The Federal Reserve cut its key ...

Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, risk management, and public policy. Peter began covering markets at Multex (Reuters) ...