US Federal Reserve Meeting: The US Federal Reserve has cut interest rates by 50 basis points, the first reduction in over four years, aiming to reverse restrictive economic conditions. Policymakers expect further rate cuts, targeting a range of 4.25%-4.50% by year-end as inflation nears the 2% goal and unemployment rises.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/CqDQYZf
