The move comes amid demands from Trump and high speculation by economists.
of a cut amid softening inflation, a strong consumer economy and an uncertain international trade outlook.
“The outlook for the U.S. economy remains favorable, and this action is designed to support that outlook,” said Powell in a Wednesday press conference., “This action supports the Committee’s view that sustained expansion of economic activity, strong labor market conditions, and inflation near the Committee's symmetric 2 percent objective are the most likely outcomes, but uncertainties about this outlook remain.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Trump calls for large interest rate cut a day before Fed to make decision'This headline is not good one for Capital One,' says RBC Capital Markets.
Lire la suite »
Fed Readies First Interest-Rate Cut Since 2008The Federal Reserve is expected to say Wednesday it will reduce its benchmark interest rate by one quarter percentage point. That would mark just the fifth time in the past 25 years that the central bank switched from raising to lowering rates.
Lire la suite »
Fed poised to make first interest rate cut since 2008, adopting new risky strategyThe Federal Reserve’s expected move Wednesday to cut interest rates amid a humming U.S. economy marks a clash with historical policy and brings with it potentially new dangers.
Lire la suite »
Markets are convinced the Fed will cut interest ratesThe question is not whether interest rates will be cut, but by how much
Lire la suite »
Fed expected to cut interest rates: What does it mean for you?The Federal Reserve is expected to cut interest rates for the first in 10 years on Wednesday, and the market seems to be shrugging it off.
Lire la suite »
Two Fed officials disagree with decision to cut interest ratesTwo FOMC members disagreed with the central bank's decision to cut interest rates Wednesday.
Lire la suite »