Fed cuts interest rates by 25 basis points
The U.S. Federal Reserve has announced a 25-basis-point reduction in interest rates, bringing the target range to 4.50% to 4.75%.
Google News'te Doğruhaber'e abone olun. 
This marks the second rate cut in four years, following a more significant 50-basis-point reduction in September.
The Federal Open Market Committee (FOMC) cited recent economic indicators suggesting sustained growth and a softening labor market. While acknowledging progress in reducing inflation, the committee noted that price levels remain elevated.
The rate cut aims to stimulate economic activity and mitigate the impact of potential economic slowdown. However, the Fed remains cautious about the inflationary pressures and will continue to monitor economic conditions closely. (ILKHA)
Bu haberler de ilginizi çekebilir
-
The HÜDA PAR Provincial Presidency in Bingöl continues its weekly activities to condemn the genocide and atrocities committed by the Israeli occupation regime in Gaza.
-
Abdul-Malik Al-Houthi, leader of the Ansar Allah movement, emphasized Yemen's defiance against U.S. and Israeli maritime activities, declaring the country’s determination to stand firm against aggression despite significant challenges.
