The Federal Reserve has decided to keep interest rates steady for now, but has hinted at the possibility of cutting rates in the future. This decision comes as artificial intelligence becomes a key factor for chip stocks, which are looking to extend their record highs. The Bank of England may also signal when rates can be cut in the near future. In other news, Amer Sports, the maker of Arc'teryx, has received $1.3 billion in an IPO that fell below expectations. Oil prices have experienced their biggest loss in three weeks due to robust US crude output. Additionally, a former Macquarie Banker has been chosen to lead a new $10 billion fund in Australia. Lastly, Milei has received approval from the IMF for a $4 billion project.
The Federal Reserve has decided to keep interest rates steady for now, but has hinted at the possibility of cutting rates in the future. This decision comes as artificial intelligence becomes a key factor for chip stocks , which are looking to extend their record highs. The Bank of England may also signal when rates can be cut in the near future. In other news, Amer Sports , the maker of Arc'teryx , has received $1.3 billion in an IPO that fell below expectations.
Oil prices have experienced their biggest loss in three weeks due to robust US crude output. Additionally, a former Macquarie Banker has been chosen to lead a new $10 billion fund in Australia. Lastly, Milei has received approval from the IMF for a $4 billion project
Federal Reserve Interest Rates Cutting Rates Artificial Intelligence Chip Stocks Bank Of England Rates Amer Sports Arc'teryx IPO Oil Prices US Crude Output Macquarie Banker $10 Billion Fund Milei IMF
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