At the Fed's last policy meeting of the year on Wednesday , the committeecut its overnight borrowing rate to a target range of 4.25%-4.5%. A total of 14 of 19 officials penciled in two quarter-point rate cuts or less in 2025. Only five members projected more than two...
RIO DE JANEIRO, Oct. 30 (Xinhua) -- The growth rate of Brazil's gross domestic product (GDP) is projected to double year-on-year in 2020, Brazilian Minister of Economy Paulo Guedes said Wednesday. According to the minister, Brazil's GDP growth rate is expected to grow from less than 1...