US Federal Reserve Cuts Benchmark Interest Rates by 50 Basis Points: “Our Restrictive Policies Have Eased Inflation”
The US Federal Reserve, Federal Open Market Committee (FOMC), has decided to cut benchmark rates by 50 basis points – the first cut in four years. The Fed said it is not on any pre-set course but felt its restrictive policies had the desired impact… Read More
Read more in: Politics, Legal & Regulation | Tagged interest ratess, jerome powell, us federal reserve