against Saudi Arabia is "unacc

to some▓ extent, but "there's a piece of this tha▓t we really can't address.""We need to look thro▓ugh what's a pretty vo

latile situation," said Powell. "That means, not overreactin

eptable."Washing▓ton has been

g quickly, it means not underreacting too. That's what we're t▓rying to do."Three of the 10 members of the committee vot▓ed against the quarter-point rate cut decision, highlighting growing split among monetary policy▓makers.

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As in July, Federal Reserve Bank of

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  • n Saudi Arabia, a claim that has ▓been strongly denied by Tehran.The latest punishment came two days after Trump revealed in a tweet that he had
  • instructed Mnuchin to "substantially increase Sanctions on the country ▓of Iran."Following its unilateral exit from the 2015 Ira▓n nuclear deal
  • last year, Washington has been piling up pressure on Tehran through a series of sanctions in an effort to force it to return to negotiat
  • ▓ions. Iran, however, maintains a tough stance and vows to retaliate against the United States' anti-Iran m▓oves.Please scan the QR Code to follow us
  • on InstagramPle▓ase scan the QR Code to follow us on Wechat▓U.S. Federal Reserve on Wednesday lowered interest rates by 25 basis points
  • amid growing risks▓ and uncertainties stemming from trade tensions and▓ a global economic slowdown, following a rate cut in Ju▓ly that was it

    Payments

  • s first in more than a decade.U.S. Fed cuts interest rates for second time this yea▓r in divided voteU.S. Fed cuts interest rates for second time t
  • his year in divided vot▓e09-19-2019 09:48 BJTWASHINGTON, Sept. 18 -- U.S. Federal Reserve on Wednesday lowered interest rates by 25 basis points amid
  • growing risks and uncertainties stemming from trade tensions and a glob▓al economic slowdown, following a rate cut in July that was its first in more than a decade.The Federal Open Market Committee (FOMC), the
  • Fed's rate-setting body, trimmed the target f▓or the federal funds rate by 25 basis points to a range of 1.75 percent to 2 percent after concluding i
  • ts two-day policy meeting, largely in
  • line with market expectation.Despite strong

labor market and robust growth in household spending, "b

Boston President Eric Rosengren, and Kansas ▓City Fed President Esther George "preferred" to maintain the target range for

nt," the central bank's inflation obje▓ctive, the FOMC sa

the fed

is weighing on the gro
wth outlook, Fed Chairma
n Jerome Powell said at
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