FOMC meeting: Jerome Powell-led US Fed cuts rate by 25 bps; notes moderation in economic, job growth – two more rate cuts seen
US Federal Reserve Chairman Jerome Powell (File photo) US Fed FOMC Meeting: Led by chairman Jerome Powell, the US Federal Reserve on Wednesday announced a 25 basis points rate cut after the FOMC meeting. “In support of its goals and in light of the shift in the balance of risks, the Committee decided to lower…
