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Economic Indicators

Economic Indicators latest

US federal reserve cuts interest rates
March 30th, 2024 - 04:43 GMT
Osama Ali

Osama Ali

US federal reserve cuts interest rates following the massive losses announcement

ALBAWABA - The US Federal Reserve Chair, Jerome Powell, expressed caution about future interest rate decreases in a major speech to foreign markets. He emphasized that such actions should not be taken unless there is a strong sense of persistent inflation reduction. In his remarks at the Macroeconomics and Monetary Policy Conference of the San Francisco Fed, Powell assessed the US's current inflation rate, which is 2.5 percent per year ...
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