The US Federal Reserve, led by Jerome Powell, has announced a 25 basis points rate cut, setting the federal funds rate to a range of 4 to 4-1/4 percent. This decision comes amidst concerns about moderating economic growth, slowing job gains, and persistent inflation slightly above the 2% target. Post navigation Middle east conflict: EU calls to impose sanctions and tariffs on Israel; 37% of imports targeted FOMC meet: What does US Fed rate cut mean for Indian stock markets? Explained
