US Inflation Holds Steady at 2.7% in November, Fed Considers Rate Cut
#USinflation #FedinterestratesUS inflation barely changed in November, with prices up 2.7% from a year ago, leading to expectations of a Fed interest rate cut to 4.25%. Inflation has been progressively lowering since peaking at 9.1% in June 2022. read more
Federal Reserve Cuts Interest Rate to Spur Job Market Recovery
#FedInterestRates #USJobMarketThe Federal Reserve has cut interest rates by half a percentage point after four years, aiming to end inflation and support the job market. This move is expected to lower borrowing costs for consumers and businesses. read more