Qiana Coby
04:23
The Federal Reserve reduced today, Dec. 18, the interest rate range by 25 basis points (bps), marking the third consecutive time, following rate cuts during the September meeting (50 bps) and the November meeting (25 bps). In a statement, the US central bank said Federal Open Market Committee (FOMC) approved a reduction in the
Argaam EN
The Federal Reserve reduced today, Dec. 18, the interest rate range by 25 basis points (bps), marking the third consecutive time, following rate cuts during the September meeting (50 bps) and the November meeting (25 bps).
In a statement, the US central bank said Federal Open Market Committee (FOMC) approved a reduction in the federal funds rate range to between 4.25% and 4.50%…
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