US Federal Reserve Cuts Interest Rates for Third Time Amid Inflation Concerns
The US central bank has implemented its third interest rate cut, bringing the key lending rate to a target range of 4.25% to 4.5%. This decision follows a full percentage point decrease since September, aimed at stabilizing prices and addressing potential economic weakening. However, there are growing concerns that this move could reignite inflation, despite signs of resilience in the job market and ongoing price increases.