RCA Telegram News California - Politics (English)

US Fed cuts key rate a quarter point, signals fewer cuts ahead

The US Federal Reserve cut interest rates by a quarter point Wednesday and signaled a slower pace of cuts ahead, as uncertainty grows over inflation and President-elect Donald Trump's economic plans.

France races to find survivors in cyclone-hit Mayotte

French authorities Wednesday searched for survivors and raced to supply aid as they sought to work out the full scale of the devastation wrought by Cyclone Chido on the Indian Ocean archipelago of Mayotte.