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US Fed Interest Rate Cut Steals The Show

The Fed rate cut affects the US dollar. Should international travelers worry?

The Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday, moving ahead with its first rate cut in four years. As a result, the value of the dollar abroad fell slightly. Nevertheless, there's no need to rush to the nearest foreign currency exchange bureau if you have a trip abroad planned in the near future.

Forbes · 20h

What’s Next After The Fed’s Big Interest Rate Cut?

Forbes’ expert contributors help explain what the Fed’s move means for investors, businesses, job seekers, home buyers and more.

Reuters · 3d

Dollar gains ground after Fed delivers bumper 50 basis point rate cut

The dollar dropped after the Federal Reserve on Wednesday cut interest rates by half a percentage point, citing greater confidence that inflation will continue to recede to the U.S. central bank's 2% annual target.

19hon MSN

Gold’s record rally gets added jolt from Fed rate cut. Is there anyone left to buy?

Gold’s relentless rally got an added jolt this week from the Federal Reserve’s long-awaited interest-rate cut, but some ...

2don MSN

Dollar edges lower after Fed rate cut, Aussie, Norwegian crown outperform

The U.S. dollar edged lower on Thursday after a larger than usual interest rate cut from the U.S. Federal Reserve that had ...

Fed outsized rate cut draws muted reaction, but calm may not last

Investors who anticipated furious market swings following the U.S. Federal Reserve's bumper rate cut saw more of a muted ...

Stock Market Today: Dow finishes above 42,000 for first time in history after Fed's big rate cut

The dollar is weaker and many commodity prices are higher as traders revel in the Federal Reserve's 50 basis point interest rate cut on Wednesday. The greenback is down 0.5% to the euro at $1.1173 and ...

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