US Fed Cuts Interest Rates by 25 bps, Jerome Powell Says 'Election To Have No Impact on Policy Decisions'

US Fed Meeting: 'The unemployment rate is notably higher as against the last year but it has edged down over the past three months and inflation has moved much closer to our 2 per cent goal but core inflation remains somewhat elevated,' says Jerome Powell.

Nov 8, 2024 - 02:30
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US Fed Cuts Interest Rates by 25 bps, Jerome Powell Says 'Election To Have No Impact on Policy Decisions'
US Fed Meeting: 'The unemployment rate is notably higher as against the last year but it has edged down over the past three months and inflation has moved much closer to our 2 per cent goal but core inflation remains somewhat elevated,' says Jerome Powell.

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Subhashree Hi, This is Subhi. Welcome to my blog! I love to keep up with the latest news in healthcare, technology and media. Here you will find insightful articles that inform and interest you about the world around you. Join me as I drift between health and technology, and stay up-to-date!