Federal Reserve Lowers Interest Rates Again, Signals Optimism on Inflation

The Federal Reserve has announced another reduction in interest rates, lowering them by a quarter point in response to a cooling inflation trend and recent economic developments following Donald Trump's election victory. This marks the second rate cut this fall, after a 50-basis point reduction in October, which was the first rate cut in four years.

In a press conference on Thursday, Federal Reserve Chair Jerome Powell addressed the decision, emphasizing the Fed's optimism about the current economic outlook. Powell explained that while inflation remains a key. . .