The US Federal Reserve cut its benchmark interest rate by 0.25 percentage points, bringing it to a range of 4.5% to 4.75%. Fed Chair Jerome Powell emphasized that this move aims to maintain economic strength and support inflation progress. Despite solid GDP growth, October job creation was disappointing. The Fed remains data-driven in its approach, with a potential for another rate cut in December. Powell addressed concerns about the impact of Trump's presidency on Fed policy and clarified that he would not resign if asked. Teljes cikk (Euronews.com)