Fed cuts interest rates by 25 basis points again
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Fed cuts interest rates by 25 basis points again
The U.S. Federal Reserve has decided to cut the benchmark interest rate by 25 basis points, bringing it to a range of 4.50%–4.75%. This marks the Fed's second rate cut this year. However, with Donald Trump re-elected as U.S. president, the Federal Reserve will face increased pressures.
TechFlow news, November 8 — The U.S. Federal Reserve decided to cut the benchmark interest rate by 25 basis points to a range of 4.50%–4.75%. This marks the Fed's second rate cut this year. However, with Donald Trump re-elected as U.S. president, the Federal Reserve will face increased pressure.
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