The decision comes a day after the U.S. Federal Reserve cut rates by 25 basis points, bringing the federal funds rate to 4.25%-4.5%.
Related Posts
Exxon and Chevron profits surge on rising oil prices due to Iran war
ExxonMobil and Chevron on Friday reported second-quarter profits that surged on rising oil prices due to the Iran war.
Trump’s tariff deadline is near. Here’s a look at countries that have a deal — and those that don’t
The U.S. has managed to make only eight deals in 120 days, including one with the 27-member European Union.
What do Trump’s latest comments on leaving Nato mean for the alliance?
Trump has criticised Nato members for showing a lack of support for US objectives in Iran.