New York, Oct 29, 2025 (AFP) - Dollar rises after Fed chair says December rate cut not a given

NAMPA / AFP
2025-10-29
The dollar strengthened Wednesday while Wall Street stocks were mixed after the Federal Reserve indicated its latest interest rate cut might not be repeated in December. After the US central bank announced a quarter percentage-point interest rate cut that had been expected, Fed Chair Jerome Powell told reporters that another decrease in December "is not a foregone conclusion, far from it." The statement jolted US markets, lifting the dollar and p......
Restricted content

Latest NAMPA photos

WINDHOEK, 28 October 2025 - Nampa’s Board Chairperson, Ndeuhala Katonyala-Lewis. (Photo: Contributed)

WINDHOEK, 28 October 2025 - Nampa’s Board Chairperson, Ndeuhala Katonyala-Lewis. (Photo: Contributed)

NAMPA
MARIENTAL, 27 October 2025 - The Real Madrid Soccer Clinic is underway in Mariental. It started on Monday and ends Friday. (Photo by: Charmaine Boois) NAMPA

MARIENTAL, 27 October 2025 - The Real Madrid Soccer Clinic is underway in Mariental. It started on Monday and ends Friday. (Photo by: Charmaine Boois) NAMPA

NAMPA
MARIENTAL, 27 October 2025 - Representatives from the Real Madrid Sports Clinic pictured with local teachers and the Hardap Region's Director of Education, Innovation, Sports Arts and Culture, Paulus Lewin, during the official opening of the Real Madrid Soccer Clinic in Mariental on Monday. (Photo by: Charmaine Boois) NAMPA

MARIENTAL, 27 October 2025 - Representatives from the Real Madrid Sports Clinic pictured with local teachers and the Hardap Region's Director of Education, Innovation, Sports Arts and Culture, Paulus Lewin, during the official opening of the Real Madrid Soccer Clinic in Mariental on Monday. (Photo by: Charmaine Boois) NAMPA

NAMPA
MARIENTAL, 27 October 2025 - The Real Madrid Soccer Clinic is underway in Mariental. It started on Monday and ends Friday. (Photo by: Charmaine Boois) NAMPA

MARIENTAL, 27 October 2025 - The Real Madrid Soccer Clinic is underway in Mariental. It started on Monday and ends Friday. (Photo by: Charmaine Boois) NAMPA

NAMPA
AMINUIS, 25 October 2025 - Ovambanderu Chief Tjozohongo II Nguvauva pictured during the commemoration of the Ovambanderu community’s forced migration from concentration camps to Aminuis. (Photo by: Zebaldt Ngaruka) NAMPA

AMINUIS, 25 October 2025 - Ovambanderu Chief Tjozohongo II Nguvauva pictured during the commemoration of the Ovambanderu community’s forced migration from concentration camps to Aminuis. (Photo by: Zebaldt Ngaruka) NAMPA

NAMPA
AMINUIS, 27 October 2025 - Ovambanderu Chief Tjozohongo II Nguvauva pictured with Deputy Minister of Industries, Mines and Energy Gaudentia Krohne,  Omaheke Governor Pijoo Nganate, and the Ovambanderu leadership during the commemoration of the Ovambanderu community’s forced migration from concentration camps to Aminuis. (Photo by: Zebaldt Ngaruka) NAMPA

AMINUIS, 27 October 2025 - Ovambanderu Chief Tjozohongo II Nguvauva pictured with Deputy Minister of Industries, Mines and Energy Gaudentia Krohne, Omaheke Governor Pijoo Nganate, and the Ovambanderu leadership during the commemoration of the Ovambanderu community’s forced migration from concentration camps to Aminuis. (Photo by: Zebaldt Ngaruka) NAMPA

NAMPA
AMINUIS, 27 October 2025 - Ovambanderu Traditional Authority Chief Tjozohongo II Nguvauva (C) flanked by Zebald Tjozongoro (L) and Kaitjombiri Karjirua (R). (Photo by: Zebaldt Ngaruka) NAMPA

AMINUIS, 27 October 2025 - Ovambanderu Traditional Authority Chief Tjozohongo II Nguvauva (C) flanked by Zebald Tjozongoro (L) and Kaitjombiri Karjirua (R). (Photo by: Zebaldt Ngaruka) NAMPA

NAMPA
KATIMA MULILO, 27 October 2025 - Deputy Minister of Agriculture, Fisheries, Water and Land Reform, Ruth Masake speaks during the official launch of the five-year National Sanitation and Hygiene Strategy. (Photo by: Michael Mutonga Liswaniso) NAMPA

KATIMA MULILO, 27 October 2025 - Deputy Minister of Agriculture, Fisheries, Water and Land Reform, Ruth Masake speaks during the official launch of the five-year National Sanitation and Hygiene Strategy. (Photo by: Michael Mutonga Liswaniso) NAMPA

NAMPA