Day

September 17, 2025
Gold soared to a record high on Wednesday after the U.S. Federal Reserve cut interest rates by a quarter of a percentage point at its policy meeting.
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There was no widespread support for a larger, half-percentage-point interest rate cut at the Federal Reserve meeting this week, Fed Chair Jerome Powell said on Wednesday, after the central bank cut its policy rate by a quarter point.
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Federal Reserve Chair Jerome Powell said on Wednesday that while a slim majority of Fed officials foresee at least two more rate cuts this year, such moves remain conditional on data and evolving risks.
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Shares in Puma jumped 10% on Wednesday, with traders pointing to a media report that two parties were preparing for a potential takeover of the German sportswear maker.
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