DW Business July 14, 2024
Federal reserve has lowered its benchmark Interest Rate for a 2nd time this year the Central Bank Hopes the quarter percentage point cut will help cushion the u. S. Economy against a global slowdown worsened by the u. S. China trade war the move could help strengthen business fixed investment and exports which the fed says have weakened the u. S. Central bank has also faced intense pressure from President Donald Trump to cut rates and with washingtons ongoing trade war with beijing. And for more on the subject we are now joined by the w. s financial correspondent on wall street who said we sta...