The Federal Reserve on Thursday announced its second interest rate cut of 2024, trimming its benchmark rate by 0.25 percentage points amid cooling inflation. The expected move by the U.S. central ...
The Fed shaved borrowing costs by 0.25 percentage points ... Fed Chair Jerome Powell noted that Americans "are still feeling the effects of high prices" despite the slowdown in inflation.
Washington: The US Federal Reserve has reduced interest rates by 25 basis points. In a statement released today, the Fed explained that the Federal Open Market Committee, which sets interest rates ...
The minimum amount to book a Fixed Deposit is Rs 10,000. The minimum tenure for reinvestment Fixed Deposit is 6 months and 1 day. Resident senior citizen earn additional interest 0.50% for tenure less ...
“We know we say the economy is performing well, and it is, but we also know that people are still feeling the effects of high prices,” he said. “The world went through a global inflation ...