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POWELL-LED FOMC SLASHES RATES BY 25 BPS
The Free Press Journal - Mumbai
|September 18, 2025
The US central bank's Federal Open Market Committee (FOMC), led by Chairman Jerome Powell announced a benchmark interest rate cut at 4%-4.25% today, following its two-day meeting from September 16 to September 17, Mint reported.
The Federal Reserve is anticipated to announce the principal interest rates amid a significant decline in United States economic data, particularly within the labour market, thereby increasing forecasts that the central bank will decrease its benchmark interest rate by 25 bps.
Diese Geschichte stammt aus der September 18, 2025-Ausgabe von The Free Press Journal - Mumbai.
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