Amid a softer labor market, the United States Federal Reserve (Fed) voted Wednesday to cut its benchmark interest rate by 0.25 basis points, moving the target range to 3.75%–4%. This marks the lowest level in three years and continues the easing cycle dating back to last month.
Friday 31 October 2025
en.mercopress.com - 14 hours ago
Fed lowers benchmark intetest rate
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