Federal Reserve Lowers Rates by 0.25%, Plans Further Cuts This Year
-
LN24 / 3 months
- 0
- 3 min read
The Federal Reserve lowered interest rates by a quarter of a percentage point on Wednesday and signalled plans for further reductions throughout the year. This move, largely supported by most of the central bank appointees aligned with the current administration, was a response to signs of weakening in the labour market. Stephen Miran, who was […]