海角大神

That鈥檚 for the second time this year and despite stubborn inflation and continued consumer spending. Wednesday鈥檚 move reflects concern that the bigger risk to the economy is a slowdown in job growth. Lower interest rates should help buoy the economy, making it cheaper for consumers to take out loans to buy homes and cars and for companies to borrow to expand their businesses. The Fed is closely watching the impact of artificial intelligence on company layoffs, Chair Jerome Powell told reporters.

Fed cuts interest rates in response to a slowing job market