Source: Coindesk.com
As widely expected by market participants, the U.S. Federal Reserve lowered its benchmark fed funds rate by 25 basis points to 4.5%-4.75% on Thursday, following the footsteps of other central banks to loosen monetary policy.
"Since earlier in the year, labor market conditions have generally eased, and the unemployment rate has moved up but remains low," the
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Source: Coindesk.com
