Stories
Uncategorized
Jerome Powell Announces Interest Rate Cut After Inflation Cools
Federal Reserve Chairman Jerome Powell announced Thursday that the central bank cut its benchmark interest rate after inflation cooled in September. After the Fed’s two-day meeting ended on Thursday, the central bank cut its benchmark interest rate, known as the federal funds rate, by a quarter-point to between 4.5 and 4.75 percent. This is the […]
Read More