European markets found their footing as investors weighed fresh optimism around geopolitical peace efforts against the backdrop of a widely expected interest rate cut from the...
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August 18, 2026
August 18, 2026
Tag: rate cut
Federal Reserve Cuts Interest Rates, Citing Softening Labor Market
The Federal Reserve lowered its benchmark interest rate, pointing to signs of weakness in the U.S. labor market as justification for easing monetary policy. The move...