What the first interest rate cut in 4 years means for the Fed's fight against inflation

Biztoc.com - 18 septembre 2024

What the first interest rate cut in 4 years means for the Fed's fight against inflation

The Federal Reserve cut interest rates for the first time in four years with an aggressive move that lowers its benchmark rate by a half percentage point. The Fed also said it intended to lower interest rates by a full point before the year is out. Amna Nawaz…

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