WASHINGTON – The US Federal Reserve cut interest rates by a quarter of a percentage point on Dec 18 but signalled a slower pace of cuts ahead, as uncertainty grows over inflation and US Presiden ...
Trump has proposed economic changes, including tariff increases. The Fed has been raising rates to combat inflation. US Federal Reserve cuts interest rates for 3rd time this year by 25 bps; Powell's ...
That was a notable shift after the Fed initiated rate reductions with a larger than usual half-point cut in September in the midst of expectations that a steady sequence of cuts could follow.