The decision was expected. As expected, the US Federal Reserve (Fed) reduces its interest rates by a quarter point.
Despite the lack of publication of economic indicators due to the budget paralysis that has been going on since the beginning of the month in the United States, the Federal Reserve lowers its rates for the second time this year, while inflation remains persistent.
The “shutdown”, which began in early October and which seems far from finding an end, has blocked the publication of most of the data, with unemployment and the PCE inflation index – the one preferred by the Federal Reserve for its monetary policy – in the lead.
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Source: BFM TV
