Kashkari comments on rate cuts

Source: Dukascopy Bank SA
The President of the Minneapolis Federal Reserve Neel Kashkari has recently stated that the US 0.50% interest rate cut was a correct response to progress in the battle against inflation.
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Thu, 26 Sep 2024 10:01:46 GMT

SNB rate cut does not cause market reaction

The Swiss National Bank has reduced its Policy Rate from 1.25% down to 1.00%. The rate cut was expected. Due to this reason, the Swiss Franc did not lose value. An hour after the rate reveal, the rate returned to trade near 0.8500.

Tue, 01 Oct 2024 12:30:04 GMT

SpaceX plans flights to Mars

Elon Musk has announced that SpaceX intends to send five uncrewed spaceships to Mars during the next two years.

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