Fed cuts rates by a quarter point as Powell ignores Trump-fuelled inflation risk
The US Federal Reserve has lowered rates by 0.25%, as expected. Markets see potential for a further cut in December, while concerns rise over fiscal impacts and inflation under a Trump presidency.
The US Federal Reserve has lowered rates by 0.25%, as expected. Markets see potential for a further cut in December, while concerns rise over fiscal impacts and inflation under a Trump presidency.
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