U.S. markets – Benefits Canada.com https://uat-cumulus.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Thu, 16 Jan 2025 20:41:36 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Fed lowers interest rate for first time since 2008 https://uat-cumulus.benefitscanada.com/canadian-investment-review/research-markets/fed-lowers-interest-rate-for-first-time-since-2008/ Thu, 01 Aug 2019 06:15:56 +0000 https://cumulus.benefitscanada.com/uncategorized/fed-lowers-interest-rate-for-first-time-since-2008/ While many indicators point to the relative health of the U.S. economy, the Federal Reserve is lowering the target range for the federal funds rate by 25 basis points to a range of two to 2.25 per cent. This marks the first rate cut since 2008. “Markets weren’t surprised,” says Dec Mullarkey, managing director at […]

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