Sonia Park

The Federal Reserve has announced another reduction in interest rates, lowering them by a quarter point in response to a cooling inflation trend and recent economic developments following Donald Trump's election victory. This marks the second rate cut this fall, after a 50-basis point reduction in October, which was the first rate cut in four years.

https://youtu.be/c2pzG_gf4A0

In a press conference on Thursday, Federal Reserve Chair Jerome Powell addressed the decision, emphasizing the Fed's optimism about the current economic outlook. Powell explained that while inflation remains a key. . .

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