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Federal Reserve ahead


Takeaways from the start of a Fed rate-cutting cycle By Investing.com

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.


You won’t be able to use them anymore: these $20 bills will be rejected from ATMs and banks in the US

You won’t be able to use them anymore: these $20 bills will be rejected from ATMs and banks in the US

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.


Europe’s STOXX 600 climbs as focus shifts to US central bank rate verdict By Reuters

Europe’s STOXX 600 climbs as focus shifts to US central bank rate verdict By Reuters

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.