Bank of England stands pat on interest rates
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In the shadow of the government shutdown, the Federal Reserve forged ahead with another interest rate cut on Wednesday. Fed Chair Jerome Powell announced the second quarter-point cut in as many months, though the committee was forced to make the decision ...
This is read by an automated voice. Please report any issues or inconsistencies here. The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated.
The Federal Reserve's policy committee is scheduled to meet next in late January, after cutting the Fed's key interest rate at each of the last three meetings.
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring, even as inflation stays elevated. But Fed Chair Jerome Powell also cautioned that further rate cuts ...
The US economy added more jobs than expected in the first batch of economic data since the government shutdown, but the unemployment rate ticked up – boosting the odds of an interest-rate cut next month. Employers added 119,000 jobs in September, up from ...
Federal Reserve officials are publicly at odds ahead of the central bank’s December policy meeting about whether to cut interest rates again to bolster the labor market. But behind the latest controversy is a long-simmering and arguably more important ...
WASHINGTON — The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated. “Job gains have slowed this year, and the unemployment rate has edged ...