Jacob Fearnley bows out of Madrid Open as tennis resumes after power outage
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Jacob Fearnley bows out of Madrid Open as tennis resumes after power outage
Les Kiss confirmed as next Wallabies coach with Joe Schmidt to stay on until 2026
Luka Dončić pays entire cost to restore vandalized Kobe Bryant mural
Dembélé and Donnarumma give PSG edge over Arsenal in Champions League
Australia election 2025 live: Trump promises to speak with PM on tariffs; Dutton advises viewers to ‘forget the ABC’ on election night
Rates are now at 4.5% to 4.75%, after two reductions by the Federal Reserve starting in September
The US Federal Reserve lowered interest rates by a quarter point on Thursday, knocking them down for the second time in a row as inflation continues to ease and a Trump presidency hangs over the central bank.
Rates now stand at 4.5% to 4.75%, down from a decades-high level of 5.25% to 5.5%. The Fed lowered interest rates for the first time since 2020 in September, by a half point.
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