💨 Abstract

The Federal Reserve lowered interest rates by 25 basis points as expected, citing improved inflation. Stock markets worldwide, including the S&P 500, Dow Jones, and Nasdaq, reached new highs. The 10-year and 30-year Treasury yields declined, while the dollar fell against its peers. European markets also rose, with Germany's 10-year bond yield increasing due to political turmoil.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖