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Interest rate cut increasingly distant in the US
Business News

Interest rate cut increasingly distant in the US

Stubborn inflationary pressures and now strong job figures seem to be reducing the chance that Kevin Warsh - the new head of the Federal Reserve (Fed) - can lower the key interest rate in the United States. That raises the risk of a clash with President Donald Trump
Fed leaves US interest rate unchanged at 3.50-3.75 percent
Business News

Fed leaves US interest rate unchanged at 3.50-3.75 percent

The Federal Reserve (the Fed) has decided to leave the United States' key interest rate unchanged at 3. 50–3
Third consecutive interest rate cut by the Fed
Business NewsTop News

Third consecutive interest rate cut by the Fed

The US Federal Reserve (Fed) has cut its key interest rate by a quarter of a percentage point to a range of 3. 50–3
Wall Street rises despite disappointing jobs figures
Business News

Wall Street rises despite disappointing jobs figures

Dismal jobs figures weighed on the markets in New York. On the other hand, the realization that it increases the likelihood of an interest rate cut lifted spirits – and the stock market rose
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