The United States Federal Reserve has cut its benchmark interest rate by 25 basis points to 3.75-4.00 percent, amid signs of a slowing labour market and continued pressure on consumer prices.
The cut, announced on Wednesday, marks the US central…

The United States Federal Reserve has cut its benchmark interest rate by 25 basis points to 3.75-4.00 percent, amid signs of a slowing labour market and continued pressure on consumer prices.
The cut, announced on Wednesday, marks the US central…