US Federal Reserve cuts interest rate by 25 basis points in key FOMC meet
The US Federal Reserve cut the interest rate by 25 basis points on Wednesday, according to an official statement following the key FOMC meeting. This 25 basis points cut has led to the central banks benchmark policy rate being in the 4.25% to 4.50% range.
The US Federal Reserve cut the interest rate by 25 basis points on Wednesday, according to an official statement following the key FOMC meeting. This 25 basis points cut has led to the central banks benchmark policy rate being in the 4.25% to 4.50% range.
