https://www.cnbctv18.com/photos/world/us-fed-slashes-rates-by-50-bps-jerome-powell-top-quotes-on-economic-outlook-19478782.htm
The US Federal Reserve implemented a notable half-point reduction in its benchmark interest rate, marking a significant change after over two years of elevated rates designed to control inflation. While these high rates were effective in curbing inflation, they also made borrowing considerably costly for American consumers…
US Fed slashes rates by 50 bps — Jerome Powell’s top quotes on economic outlook
Published in Business and Uncategorized
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- Mexican Peso depreciates as markets digest Fed’s decision
- Forex Today: Will the BoJ surprise markets?
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- Gold price benefits from Fed’s cut, buyers eye $2,600
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- Why a recession still worries this stock-market veteran, despite the Fed’s rate cut
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