
New York Sending Inflation Relief Checks to Millions
New York State will begin mailing one-time inflation relief checks of up to $400 to over 8 million eligible residents starting at the end of September 2025.
New York State will begin mailing one-time inflation relief checks of up to $400 to over 8 million eligible residents starting at the end of September 2025.
The USD/JPY pair rose toward 146.80 after the U.S. Federal Reserve cut interest rates by 0.25% and political uncertainty grew in Japan.
The U.S. dollar strengthened after the Federal Reserve's 25bp rate cut was less aggressive than expected, putting AUD/USD and GBP/AUD in focus.
The U.S. Federal Reserve cut interest rates by 0.25%, leading to a volatile session and a mixed close for major stock indices amid ongoing economic uncertainty.
The Euro dropped from a yearly high against the U.S. Dollar after the Federal Reserve's 25 bps rate cut was seen as hawkish by markets.
The U.S. Dollar fell to a two-month low against the Japanese Yen after the Federal Reserve cut interest rates by 25 basis points and signaled more cuts.
The British Pound strengthened against the U.S. Dollar after the Federal Reserve cut interest rates by 25 basis points and signaled more cuts are likely in 2025.
The U.S. Federal Reserve cut its benchmark interest rate by 0.25%, prompting a brief surge in the EUR/USD to a four-year high before paring gains.
New data reveals a slowdown in consumer spending as persistent inflation erodes savings and forces households to prioritize essential goods over wants.
Global inflation remains above target in major economies, prompting central banks like the Federal Reserve and ECB to maintain high interest rates.