US Fed cuts rate by 25 basis points, continuing its monetary policy loosening
New Delhi [India], November 8 (ANI): The US Federal Reserve has lowered its policy interest rate by 25 basis points, continuing a shift toward monetary easing aimed at supporting economic stability.
The latest decision by the Federal Open Market Committee (FOMC) lowers the federal funds rate target to a range of 4.5 per cent to 4.75 per cent.
This move, according to Fed Chair Jerome Powell, reflects the Fed's commitment t