US Fed meet: Jerome Powell-led FOMC cuts rate by 25 basis points; lowest level in almost three years

9Lej Gain
0
The Federal Reserve's FOMC reduced its key interest rate by 25 basis points, bringing it to a near three-year low. This move aims to bolster the US economy amidst deteriorating employment conditions, though concerns about inflation persist due to trade tariffs.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/yxDiLwp
Tags

Post a Comment

0Comments

Post a Comment (0)

#buttons=(Accept !) #days=(20)

Our website uses cookies to enhance your experience. Check Now
Accept !