The Federal Reserve cut its key interest rate Wednesday by a quarter-point its third cut this year but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of still-elevated inflation. #shorts #FederalReserve #inflation #economy
About SocialNewsXYZ
An Indo-American News website. It covers Gossips, Politics, Movies, Technolgy, and Sports News and Photo Galleries and Live Coverage of Events via Youtube. The website is established in 2015 and is owned by AGK FIRE INC.
The Federal Reserve cut its key interest rate Wednesday by a quarter-point its third cut this year but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of still-elevated inflation. #shorts #FederalReserve #inflation #economy