Fed cuts interest rates heading into end of Biden White House and looking to Trump’s 2nd term ...Middle East

Federal Reserve Bank Chair Jerome Powell speaks at a news conference at the Federal Reserve’s William McChesney Martin building on Thursday, Nov. 7, 2024, in Washington. Powell said the Fed has decided to cut the benchmark interest rate by a quarter of a percent. (Photo by Kent Nishimura/Getty Images)The Federal Reserve cut its key rate on Thursday — one of many factors that will decide what kind of economy Americans remember from President Joe Biden’s final days in office and what President-elect Donald Trump is left with at the start of his second term. The Federal Reserve cut the rate by a quarter of a percentage point, which was in line with economist expectations. The Federal Open Marke

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Fed cuts interest rates heading into end of Biden White House and looking to Trump’s 2nd term ...Middle East

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