The US Federal Reserve continued its interest rate deescalation with a 25 basis point cut — exactly in line with consensus expectations.
The Federal Reserve finally slashed interest rates, delivering a half-point cut — the high end of consensus expectations.
The proposal to hike holdings for the biggest lenders to buttress market shocks was sliced more than in half.
The Bank of England voted Thursday to cut its key rates for the first time in over four years by a razor-thin 5-4 margin.