INSUBCONTINENT EXCLUSIVE:
The Federal Reserve has lowered interest rates for the third time in a row, bringing the benchmark rate to 4.25%-4.5%
This move comes at a crucial time when inflation has crept up to 2.7% annually.Jerome Powell, the Fed Chair, faces a complex challenge
He must steer the economy towards growth while keeping inflation in check
cautious optimism about the US economy
Job markets remain strong, and economic activity continues to expand
However, uncertainties loom large, particularly regarding global economic trends and domestic price pressures.This rate cut is more than
It affects everything from mortgage rates to business loans, potentially stimulating spending and investment.Fed Cuts Rates to 4.25%-4.5%
(Photo Internet reproduction)For the average American, it could mean cheaper borrowing costs but also lower returns on savings accounts
This balancing act will likely define US economic policy in the coming months.As we move into a new political era, with Powell expected to
