benchmark interest rate Archives -

Federal Reserve Meets, Decides To Cut Interest Rates Before 2024 Election

At their meeting on Wednesday, the Federal Reserve cut its benchmark interest rate by a half percentage point, satisfying investors who had been expecting a strong move given the weakening employment picture.

By admin, 2 months ago

appliance outlets

US retail sales rise less than expected in May

U.S. retail sales barely rose in May, suggesting that economic activity remained lackluster in the second quarter.

By admin, 5 months ago

Americans

US weekly jobless claims unexpectedly fall; labor market gradually cooling

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week.

By admin, 8 months ago