The US has a holiday surprise for Russia’s ruble ...News

Russia Today - Economy
The US has a holiday surprise for Russia’s ruble
Anticipated rate cuts by the Federal Reserve are fueling investor enthusiasm and boosting the Russian currency In a plot twist to the year-end financial narrative, Federal Reserve Chairman Jay Powell has delivered an unexpected Christmas surprise, setting off a positive chain reaction that reverberated not only in Moscow but across global markets. Powell’s statement hinting at a potential peak in interest rates injected a fresh wave of optimism into the financial landscape. The S&P 500 hit its highest level in almost two years, and the Dow Jones Industrial Average achieved a historic milestone, surpassing 37,600 t

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