BusinessDivided Fed lowers rates, signals pause and one cut next year
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BusinessDivided Fed lowers rates, signals pause and one cut next year
WASHINGTON: A divided US Federal Reserve lowered interest rates Wednesday for a third consecutive time this year, but signaled that it could hold off further reductions in the coming months. Fed Chair Jerome Powell said the central bank is “well positioned to wait and see how the economy evolves fr»»»
US Fed Makes Third Straight Rate Cut
The US Federal Reserve lowered interest rates Wednesday for a third consecutive time this year, but signaled that it could hold off further reductions in the coming months. Fed Chair Jerome Powell said the central bank is “well positioned to wait and ... »»»
Fed’s Williams says tariff economic impact is only just starting
Federal Reserve Bank of New York President John Williams said Wednesday that monetary policy is in the right place to allow central bankers to monitor the economy before taking their next steps, while warning that the impact of trade tariffs is only just starting to hit the economy. “Maintaining th»»»
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