FOMC Lowers Interest Rates, Focuses on Labor Market
Federal Reserve Chairman Jerome Powell has made a decisive announcement today regarding a significant rate cut since the Federal Open Market Committee (FOMC) has lowered [more…]
Tag: Federal Reserve
Fed Set to Slash Rates by 0.25%
From the August employment numbers released by the US government, it can be inferred that the economy has not done well, with only 142,000 jobs [more…]
Federal Reserve’s Recession Prevention Challenge
There have been growing discussions about the potential for a U.S. recession over the past several weeks. In July, the unemployment rate ticked up to [more…]