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The US Federal Reserve made an important decision regarding the dollar
The US Federal Reserve has lowered the federal funds interest rate by 25 basis points.
As reported by BAKU.WS, the new rate range is 4–4.25%.
It is noted that this is the first reduction since December 2024. The Fed's statement emphasizes: in the first half of the current year, economic growth rates slowed, job creation decreased, unemployment rose slightly, but still remains at a low level. At the same time, inflation continues to exceed the target.
The regulator confirmed that its priority remains achieving maximum employment and keeping inflation at 2% in the long term, however, uncertainty regarding the economic forecast remains high.
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