DW Business July 13, 2024
Germany to spend spend spend. On robots in berlin welcome to d. W. Business the u. S. Federal reserve has cut Interest Rates for the 3rd time this year the central bank lowered the benchmark rate by a quarter of a percent to a range between 1. 5 and 1. 75 percent chairman Jerome Powell has been under pressure from President Trump to cut rates to 0 or even lower the fed told investors it would pause to reassess the economy before making further cuts well in his press conference after the announcement powell explained the thinking behind the decision we took this step to help keep the u. S. Econ...