Interest rates: US Federal Reserve cuts rate but signal slow pace of easing; Australian dollar, equities tumble

The Australian dollar tumbled to a two-year low and investors sold off stocks after US policymakers predicted just two rate cuts in 2025 – less than what the market hoped for.

Interest rates: US Federal Reserve cuts rate but signal slow pace of easing; Australian dollar, equities tumble

Interest rates: US Federal Reserve cuts rate but signal slow pace of easing; Australian dollar, equities tumble

Interest rates: US Federal Reserve cuts rate but signal slow pace of easing; Australian dollar, equities tumble

Interest rates: US Federal Reserve cuts rate but signal slow pace of easing; Australian dollar, equities tumble
Interest rates: US Federal Reserve cuts rate but signal slow pace of easing; Australian dollar, equities tumble
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