Fed lowers benchmark rate to 4–4.25% as growth slows and inflation stays elevated

The US Federal Reserve, besides the interest rate cut, delivered a higher US GDP growth forecast while maintaining its inflation and unemployment...

The US Federal Reserve, besides the interest rate cut, delivered a higher US GDP growth forecast while maintaining its inflation and unemployment...

The Federal Reserve cut interest rates by a quarter-percentage point on Wednesday, reducing the benchmark rate to 4% to 4.25% in its first rate cut in...

The Federal Reserve cut interest rates by a quarter-percentage point on Wednesday, reducing the benchmark rate to 4% to 4.25% in its first rate cut in...

(The Center Square) – The Federal Reserve announced a quarter-percentage-point rate cut on Wednesday, after taking a wait-and-see approach to...

(The Center Square) – The Federal Reserve announced a quarter-percentage-point rate cut on Wednesday, after taking a wait-and-see approach to...

ITt came as no surprise when the US Federal Reserve (Fed) cut interest rates by 25 basis points, bringing the benchmark overnight rate to a range of...