Reported 3 days ago
The Federal Reserve's latest policy statement indicates that while economic activity and job market conditions are generally stable, inflation remains a concern. To align with its goals of maximum employment and a 2% inflation target, the Fed has decided to lower the federal funds rate target range by 0.25 percentage points. The Committee expressed that risks to achieving its objectives are balanced and that it will continue to monitor economic data and make adjustments as necessary.
Source: YAHOO