Fed cuts interest rates by quarter point but faces uncertainty following Trump’s election win

Biztoc.com - 7 ноября 2024 г.

Fed cuts interest rates by quarter point but faces uncertainty following Trump’s election win

The Federal Reserve cut interest rates for the second consecutive meeting on Thursday but this time by a smaller quarter of a percentage point, as inflation continues cooling and a slowdown in the job market stabilizes. The Federal Open Market Committee (FOMC…

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