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China.org.cn

US Fed cuts interest rate by 25 basis points

The U.S. Federal Reserve on Wednesday decided to lower the target range for the federal funds interest rate by 25 basis ...
China.org.cn

3rd LD Writethru: U.S. Fed makes first rate cut of this year amid employment concerns

WASHINGTON, Sept. 17 (Xinhua) -- The U.S. Federal Reserve on Wednesday decided to lower the target range for the federal funds interest rate by 25 basis points to 4 to 4.25 percent, the first rate cut ...
China Economic Net

Fed Chair Powell sticks to wait-and-see stance on interest rates

This photo taken on April 20, 2022 shows the U.S. Federal Reserve in Washington, D.C., the United States. (Xinhua/Liu Jie) The Fed's wait-and-see mode has drawn fierce criticism from Trump, who has ...