The US Federal Reserve (Fed) has cut its key interest rate by a quarter of a percentage point to a range of 3.50–3.75 percent, as expected. However, the Fed is cautious about future cuts.
BusinessThe US dollar is strengthening against other currencies, helped by diminished hopes of an interest rate cut in December.
BusinessThe members were largely in agreement on the first interest rate cut of the year – but many also demanded caution due to concerns about inflation, according to the minutes from the September meeting of the US central bank Federal Reserve (Fed).
BusinessThe Trump administration wants the Supreme Court to make a quick decision so that Lisa Cook can be fired as a member of the US central bank Federal Reserve.
Business
