@FRANCE 24 English
US Federal Reserve cuts rates again but cautions another in December is far from certain
The US Federal Reserve has lowered interest rates for the second time this year, despite having only partial data to assess the state of the economy because of the ongoing government shutdown. The quarter percentage point cut brings the Federal Funds Rate to a range of 3.75% to 4%. The central bank also announced it would stop reducing the size of its balance sheet in December. Also in the segment, Boeing posted $5.4 billion in third-quarter loss weighed down by delays in its 777X rollout.
Read more about this story in our article: https://f24.my/BWuk.y
🔔 Subscribe to France 24 now: https://f24.my/YTen
🔴 LIVE - Watch FRANCE 24 English 24/7 here: https://f24.my/YTliveEN
🌍 Read the latest International News and Top Stories: https://www.france24.com/en/
Like us on Facebook: https://f24.my/FBen
Follow us on X: https://f24.my/Xen
Bluesky: https://f24.my/BSen and Threads: https://f24.my/THen
Browse the news in pictures on Instagram: https://f24.my/IGen
Discover our TikTok videos: https://f24.my/TKen
Get the latest top stories on Telegram: https://f24.my/TGen
Comments 0
No comments yet. Be the first to comment!