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US Federal Reserve adopts hawkish outlook ahead of 2025

Author
Newstalk ZB,
Publish Date
Thu, 19 Dec 2024, 7:49pm
Photo / NZ Herald
Photo / NZ Herald

US Federal Reserve adopts hawkish outlook ahead of 2025

Author
Newstalk ZB,
Publish Date
Thu, 19 Dec 2024, 7:49pm

Over in the US, share prices have slumped after the US Federal Reserve hinted at a slower than expected pace for rate cuts in the new year.

The Federal Reserve set its key lending rate in a target range of 4.25 percent to 4.5 percent - down a full percentage point since September.

Fisher Funds expert Sam Dickie explains further.

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