Tag : Federal Reserve

Fed slashes rates by 50 basis points as inflation cools
Business

Fed slashes rates by 50 basis points as inflation cools

manamalive.com
The Federal Reserve cut rates by half a percentage point Wednesday, its first move since the Covid pandemic, in an effort to stabilize inflation and boost the weakening labor market....
Fed faces tough decision on rate cuts amid inflation concerns
Business

Fed faces tough decision on rate cuts amid inflation concerns

manamalive.com
The Federal Reserve’s upcoming rate decision could signal broader concerns about the economy, with analysts divided over the size of the expected cut....