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economy
Federal Reserve chairman Jerome Powell announced an interest rate cut of 0.25% Wednesday
Federal Reserve chairman Jerome Powell announced an interest rate cut of 0.25% Wednesday, confirming analysts’ expectations of a cut amid softening inflation, a strong consumer economy and an uncertain international trade outlook.
US Fed ‘Patient’ on Further Rate Hike: FOMC Minutes
The latest minutes of the US Federal Reserve (Fed) monetary policy meeting showed that the central bank was still “patient” on further rate hikes.
China Trade Deal ‘Fails’ if Washington Doesn’t Win Enforcement Measures
That comes as Chinese negotiators ready for the next round of trade talks, set to begin Tuesday in Washington.
Fed Set for a Broad Review on How it Conducts Policy in 2019
Gold Silver Reports (GSR) – Central bank officials announced Thursday that they will look at “strategies, tools, and communication practices” the Fed uses to formulate monetary policy.