US markets close flat as Fed keeps interest rates unchanged, Dow Jones in red
Wednesday, 18 June 2025 () US markets closed largely unchanged on Wednesday after the US Federal Reserve kept interest rates unchanged. The central bank opted to maintain its benchmark interest rate at its current level, with Chair Jerome Powell indicating a cautious approach. Powell conveyed that the Fed would assess the impact of President Donald Trump’s recently implemented tariffs on […]
US Federal Reserve keeps interest rates unchanged as it awaits the impacts of Trump's global tariffs
Trump has slammed the US Federal Reserve Board chief Jerome Powell, calling him “stupid”, as the federal agency holds off on interest rate changes as it anticipates economic decline in the wake...
Chancellor Rachel Reeves has welcomed the cut to interest rates announced by the Bank of England. Interest rates have gone from 4.5% to 4.25%. Ms Reeves said: "We have had four interest rate cuts now..
The Bank of England has cut interest rates from 4.5% to 4.25%. Shadow chancellor Mel Stride reacted to the news, claiming Labour's policies have prevented higher cuts to interest rates. Report by..
Wednesday, 18 June 2025 ()
![Chancellor welcomes interest rate cut [Video]](https://video.newsserve.net/300/v/20250508/1410218508-Chancellor-welcomes-interest-rate-cut.jpg)
![Bank of England cuts interest rates to 4.25% [Video]](https://video.newsserve.net/300/v/20250508/1410199570-Bank-of-England-cuts-interest-rates-to.jpg)
