The US Federal reserve cut rates by 50 basis points. With mounting concerns about the job market, federal reserve chair Jerome Powell and his colleagues halted their laser-like focus on reducing inflation. The half-point cut reflects an effort to manage the shifting balance of risks at a potential crossroads for the economy.

Powell says half-point cut reflects 'risk management' approach

fed-cut

Fed Cut, News on Fed Cut, stories on Fed Cut, articles on Fed Cut, Fed Cut stories at Wion, Fed Cut news, Fed Cut latest news

fed cut

Powell says half-point cut reflects 'risk management' approach