US Fed Pauses Rate Cut As RBI Likely To Go For Steps To Spur Growth

The Fed held rates as was widely expected at 4.25 per cent-4.50 per cent, with Fed Chair Jerome Powell saying that the US central bank is in “no hurry” to move rates lower in the foreseeable future due to prevailing uncertainty over US President Donald Trump’s policies and their impact. The Fed held rates as was widely expected at 4.25 per cent-4.50 per cent, with Fed Chair Jerome Powell saying that the US central bank is in “no hurry” to move rates lower in the foreseeable future due to prevailing uncertainty over US President Donald Trump’s policies and their impact.  Zee News :Business