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US Pres. Trump congratulates Fed for rates cut, calls action 'terrific'

Speaking at a White House news conference early Monday, US President Trump applauded Federal Reserve (Fed) Chairman Powell’s decision to cut interest rates further, aiming to stimulate the US economic growth amid the coronavirus pandemic, per Reuters.

Trump said: Fed’s decision on Sunday to cut interest rates was “good news” and “makes me very happy”.

He congratulated the central bank for taking further action.

“It’s really good news. It’s great for the country,” Trump added.

China’s NBS: Economy remains resilient despite impact from coronavirus

Following the releases of awful Chinese activity data, the spokesman for the country’s stats bureau, National Bureau of Statistics (NBS) highlighted t
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USD/IDR Price Analysis: Pierces 23.6% Fibonacci, on its way up to 15,000

USD/IDR takes the bids to 14,930 by the press time of early Monday. In doing so, the pair clears 23.6% Fibonacci retracement of its rise from Septembe
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