US stocks climb as Fed cuts interest rates by 0.25% to curb inflation
Friday, 8 November 2024 The US stock market climbed on Thursday following the Federal Reserve's decision to cut interest rates by 0.25%, a move widely anticipated by investors. The Fed's action, in response to easing inflation, had little impact on the market. Despite the rate cut, the market's future direction remains uncertain due to potential economic policies by President Trump.
Chancellor Rachel Reeves says the 0.25% cut in interest rates will be "welcome news for millions of home owners and businesses”. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn..
Friday, 8 November 2024
![Chancellor welcomes 0.25% cut in interest rates [Video]](https://video.newsserve.net/300/v/20241107/1392753220-Chancellor-welcomes-25-cut-in-interest-rates.jpg)
