The US Federal Reserve pushed forward with an interest rate cut as inflation fears continue to take a backseat to concerns about a stalling labour market.
It came despite the US government shutdown, nearing its one-month mark, which delayed official data and left central bankers "flying blind" about the job market, economists said.
www.bbc.com
It came despite the US government shutdown, nearing its one-month mark, which delayed official data and left central bankers "flying blind" about the job market, economists said.
Fed cuts US interest rates again despite 'flying blind'
Central bank votes to lower cost of borrowing even as US government shutdown limits data for decision
www.bbc.com