Fed Chair Jerome Powell has said he does not plan to step down before his current term ends in 2026.
Photo: ANDREW CABALLERO-REYNOLDS / AFP
Source: AFP
The US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on Wednesday despite a recent uptick in inflation, in the central bank’s last meeting of Joe Biden’s presidency.
The Fed is also tipped to signal a slower path of cuts going forward amid uncertainty over the impact of President-elect Donald…
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