Forex
globalreutersSeptember 18, 20241 Mins read
Powell speech: 50 bps move is a commitment to us not falling behind
globalreutersSeptember 18, 20241 Mins read Federal Reserve Chairman Jerome Powell explains the decision to cut the policy rate, federal funds rate, by 50 basis points to the range of 4.75%-5% after the September meeting and responds to questions in the post-meeting press conference.
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