US Fed divided amid signs of future stagnation, third rate cut to 2025 Business News & more related News Here
The divided US Federal Reserve has cut interest rates for the third consecutive time and maintained its outlook for just one cut in 2026. US Federal Reserve Chairman Jerome Powell. (Reuters) The Federal Open Market Committee (FOMC) voted 9-3 to lower the benchmark federal funds rate to a range of 3.5%-3.75%. It also subtly changed…
