Fed: Staying on rate cut path with 25-bps move and political defiance – UOB Group
The Fed in its 6/7 Nov 2024 Federal Open Market Committee (FOMC) meeting, unanimously decided to reduce the target range of its Fed Funds Target Rate (FFTR) by 25-bps to 4.50-4.75%, in line with our and broad market expectations.
8 Nov 11:32 · FXStreet