The Federal Reserve cut its benchmark interest rate by a quarter of a percentage point on October 29th.

The US Federal Reserve announced a 25-basis-point cut at a range between 4% and 4.25%, according to a statement issued by the Federal Open Market Committee (FOMC).

The US Federal Reserve kept interest rates unchanged for the third time this year at a range between 4.25% and 4.5%,

Global gold prices hiked to their highest intraday level since October 2024, as the US President Donald Trump’s tariff threats stimulated demand for safe-haven assets.

The Federal Reserve has decided to lower its target range for the federal funds rate by 0.5 percentage points to 4.75% to 5% following recent economic data, as per the FOMC statement.

The US Federal Reserve hiked interest rates to a level unseen in 22 years as part of its ongoing effort to contain inflation.

The US Federal Reserve kept interest rates unchanged for the first in more than a year.

The US Federal Reserve has raised interest rates to the highest level since 2007 to cool down soaring inflation.

The Federal Reserve raised key interest rates by 25 basis points (bps) on March 22nd, marking its ninth increase in around a year. This comes as federal policymakers have voted unanimously to increase the benchmark interest rate to just under 5%. The rates were expected to increase by 0.5%, but were affected by the shutdown of Silicon Valley Bank (SVB) earlier in March. This raise not only is affecting the global gold markets, businesses, and exchange rates, but is also having some impact on Egypt’s economy.