[The Federal Reserve lowers the benchmark interest rate by 25 basis points, in line with expectations] The Federal Reserve announced a 25 basis point reduction in the federal funds rate to 3.75%~4%, in line with expectations.
[The Federal Reserve lowers the benchmark interest rate by 25 basis points, in line with expectations] The Federal Reserve announced a 25 basis point reduction in the federal funds rate to 3.75%~4%, in line with expectations.