Posted July 24, 2018 06:01:22In the United States, interest rates have remained at historic lows.
The Federal Reserve raised its benchmark interest rate to a record low of 0.25%, and it is expected to hike it again in September.
But this week, the Federal Reserve cut its forecast for the U.S. economy by nearly 1.2% and the Dow Jones Industrial Average lost more than 6%.
In the last few weeks, there have been several signs of a renewed recovery in global growth, with global growth now at its fastest pace since the 2008 financial crisis.
The United States is currently the biggest growth engine in the world, and the economy has picked up some momentum.
The dollar, which has fallen by about 8% against the greenback since early July, is now trading at about 61.4 US cents, down nearly 4% from the previous day.
That’s a dramatic drop from the highs it hit earlier this year.
The Dow Jones has also lost about 11% this week.
It is now down more than 12% from its record high on August 31.
The Fed also raised its target for economic growth for the first time since late 2016.
It’s now targeting 3.5% growth in 2018, down from its 3.9% target of this year earlier this month.
The market has seen more than two dozen major indexes drop sharply over the past few weeks.
The Dow Jones is down nearly 1,000 points this week alone.
The U.K. is the only major market in the S&P 500 down over 2%.
The Nasdaq is down more as well.
The S&P 500, the index that tracks the 10 biggest companies in the U, Southeastern and Midwest economies, is down about 9%.
The Nasdaq has also been down a lot.
The broader U.P. has been down by about 7%.
The Dow has lost about 2%.