The U.S. central bank, known as the Fed, has unanimously decided to lower its benchmark interest rate by a quarter percentage point following Donald Trump’s reelection to the White House. This reduction brings the rates down to a range of 4.50% to 4.75%. This decision follows a half-point decrease enacted in September and marks the …

The post United States: The Fed Lowers Rates by a Quarter Point appeared first on AL24 News.