Reported 19 days ago
Stock futures increased following the Federal Reserve's decision to lower interest rates by 50 basis points at its September meeting. Meanwhile, the Bank of England maintained its rate at 5%, with other central banks set to announce their policies soon. President Biden is expected to discuss the Fed's rate cut and improvements in the U.S. economy, particularly regarding inflation, in his speech at the Economic Club of Washington, D.C.
Source: YAHOO