Washington, Dec 18, 2024 (AFP) - US Fed cuts key rate a quarter point and signals fewer cuts ahead

NAMPA / AFP
2024-12-18
The US Federal Reserve cut interest rates by a quarter point Wednesday and signaled a slower pace of cuts ahead, as uncertainty grows over inflation and President-elect Donald Trump's economic plans. Policymakers voted 11-to-1 to lower the central bank's key lending rate to between 4.25 percent and 4.50 percent, the Fed announced in a statement. This is the final planned interest rate decision before outgoing Democratic President Joe Biden makes......
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SWAKOPMUND, 11 December 2024 – South African Anglers pictured with their catch during the International Shore Angling Gala tournament which was held between Namibians and South Africans in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 11 December 2024 – South African Anglers pictured with their catch during the International Shore Angling Gala tournament which was held between Namibians and South Africans in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 11 December 2024 – South African Anglers while in action at the International Shore Angling Gala tournament which was held between Namibian and South African anglers in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 11 December 2024 – South African Anglers while in action at the International Shore Angling Gala tournament which was held between Namibian and South African anglers in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 11 December 2024 – A Namibian Female Angler while in action at the International Shore Angling Gala tournament which was held between Namibians and South Africans in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 11 December 2024 – A Namibian Female Angler while in action at the International Shore Angling Gala tournament which was held between Namibians and South Africans in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 11 December 2024 – A Namibian Female Angler while in action at the International Shore Angling Gala tournament which was held between Namibians and South Africans in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 11 December 2024 – A Namibian Female Angler while in action at the International Shore Angling Gala tournament which was held between Namibians and South Africans in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 15 December 2024 - South Africa’s women’s SPAR Proteas team poses for a photo after defeating Uganda 65-50 in the final of the Africa Netball Cup 2024, to be crowned champions at a competition that was held in Swakopmund, Namibia, from 09 to 14 December 2024. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 15 December 2024 - South Africa’s women’s SPAR Proteas team poses for a photo after defeating Uganda 65-50 in the final of the Africa Netball Cup 2024, to be crowned champions at a competition that was held in Swakopmund, Namibia, from 09 to 14 December 2024. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 15 December 2024 - South Africa’s women’s SPAR Proteas teams pose for a photo after defeating Uganda 65-50 in the final of the Africa Netball Cup 2024, to be crowned champions. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 15 December 2024 - South Africa’s women’s SPAR Proteas teams pose for a photo after defeating Uganda 65-50 in the final of the Africa Netball Cup 2024, to be crowned champions. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 15 December 2024 - South Africa’s men’s team poses for a photo after defeating Eswatini 60-39 at the Africa Netball Cup 2024, to retain their title in a competition that was held in Swakopmund, Namibia, from 09 to 14 December 2024. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 15 December 2024 - South Africa’s men’s team poses for a photo after defeating Eswatini 60-39 at the Africa Netball Cup 2024, to retain their title in a competition that was held in Swakopmund, Namibia, from 09 to 14 December 2024. (Photo by: Hesron Kapanga) NAMPA

NAMPA
SWAKOPMUND, 15 December 2024 - South Africa’s men’s team poses for a photo after defeating Eswatini 60-39 at the Africa Netball Cup 2024, to retain their title in a competition that was held in Swakopmund, Namibia, from 09 to 14 December 2024. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 15 December 2024 - South Africa’s men’s team poses for a photo after defeating Eswatini 60-39 at the Africa Netball Cup 2024, to retain their title in a competition that was held in Swakopmund, Namibia, from 09 to 14 December 2024. (Photo by: Hesron Kapanga) NAMPA

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