U.S.-WASHINGTON, D.C.-FED-INTEREST RATES-SLASHING

(241107) -- WASHINGTON, Nov. 7, 2024 (Xinhua) -- U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on Nov. 7, 2024. The U.S. Federal Reserve on Thursday slashed interest rates by 25 basis points amid cooling inflation and a weakening labor market, marking the second rate cut in this easing