Banknotes: October to December 2024
A round-up of stories and salient points which have affected central bankers up to now three months
The US Federal Reserve lower the federal funds price by 50 foundation factors to a goal vary of 4.75–5% on September 18, its first lower since March 2020. The Fed stated policy-makers had gained better confidence that inflation was transferring sustainably towards 2%. Fed chair Jerome Powell stated the US financial system was in a powerful place and that the central financial institution was not behind the curve in reducing charges. On November 7, the Federal Open Market Committee additional lower the
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