Federal Reserve cuts its key interest rate by a quarter-point amid post-election uncertainty
The Federal Reserve cut its key interest rate by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s presidential election victory this week.
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Federal Reserve Board Chairman Jerome Powell (L) and President-elect Donald Trump (R). AP US Federal Reserve Chair ...
Business Insider on MSN17h
The Federal Reserve gives Americans another interest-rate cutIt follows data showing inflation is nearing the Federal Reserve's 2% target — the consumer price index, a commonly ...
CBS News on MSN2d
The Federal Reserve made a rate cut decision today. Here's the impact on your money.The Federal Reserve on Thursday made its second rate cut of this year, with the decision coming less than two months ...
That’s because, as one former Federal Reserve chair famously said, central bankers’ job is to remove the punchbowl right when ...
The question of whether Mr. Powell might be on the chopping block should Trump serve a second term has been the subject of ...
This comes after the Fed announced a 50-basis point cut to its benchmark interest rate in mid-September, the first cut in four years. For now, the central bank remains on course t ...
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