The Federal Reserve has cut its benchmark interest rate for the third time this year, reducing it by 0.25 percentage points to a range of 4.25% to 4.50%. Despite this decrease, inflation remains slightly elevated at 2.7%, prompting expectations of…

In a recent interview, designated US President Donald Trump stated that he will not replace Jerome Powell as the Federal Reserve Chair upon taking office. Trump expressed a desire for more influence over the Fed’s monetary policy but clarified that…