Takeaways from the start of a Fed rate-cutting cycle By Investing.com
Investing.com -- The Federal Reserve initiated its rate-cutting cycle in September, delivering an aggressive 50 basis-point (bp) reduction to policy rates.
Investing.com -- The Federal Reserve initiated its rate-cutting cycle in September, delivering an aggressive 50 basis-point (bp) reduction to policy rates.
This includes bills that are physically damaged, marked, or come from older series that lack the updated security features now considered essential for safe transactions.
Meanwhile, Euro zone's industrial production reading for July and comments from ECB president Christine Lagarde at the Eurogroup meeting in Budapest later in the day will be keenly monitored for any clues on the bank's interest-rate path.