The Federal Reserve decided to forgo an interest rate hike amid reports showing inflation is cooling and signaled that it will cut rates faster than previously anticipated next year.
Fed s Hawkish Pause And China Rate Cut Paints Mixed Picture For Global Markets menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
The Federal Reserve announced Wednesday that it is pausing its interest rate hikes, showing that officials believe they are having success in bringing down inflation.