Updated: Today 20:05 Published: Today 20:02
The US central bank, the Federal Reserve, cuts the key interest rate by 0.25 percentage points to the range 4.25–4.50 percent.
The anticipation before the announcement was expected.
The policy rate has now been lowered by one percentage point since the tightening of monetary policy began to be eased in September. Then the policy rate was lowered by 0.50 percentage points and in November it was further lowered by 0.25 percentage points.