Fed cuts rates, notes labor market easing and solid economic growth

  • 📰 KSLcom
  • ⏱ Reading Time:
  • 20 sec. here
  • 14 min. at publisher
  • 📊 Quality Score:
  • News: 53%
  • Publisher: 51%

News News

Traffic,Weather,Sports

The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday as policymakers took note of a job market that has 'generally eased' while inflation continues to move toward the U.S. central bank's 2% target.

<p>WASHINGTON  —  The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday as policymakers took note of a job market that has &quot&#x3B;generally eased&quo

</p><p>But where the Fed's previous policy statement noted slowing monthly job gains, the new one referred to the labor market more broadly.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 549. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines