The Spectator

Tag : jerome powell

Business

Fed Chair Powell signals smaller rate cuts to keep economy in solid shape

thespectator.co.in
MENA Newswire News Desk: Federal Reserve Chair Jerome Powell reiterated Monday that the central bank will take necessary measures to maintain the economy’s strength, although future interest rate cuts will likely come in smaller increments....
Business

Fed cuts rates by half point amid slowing job gains

thespectator.co.in
MENA Newswire News Desk: The Federal Reserve on Wednesday cut its benchmark interest rate by half a percentage point, marking the first reduction since the Covid pandemic. The Federal Open Market Committee’s decision to lower...