US Fed slashes interest rates by 50 bps for the first time since 2020

The Times of India - 18 September 2024

US Fed slashes interest rates by 50 bps for the first time since 2020

The Federal Reserve has announced a half-point rate cut before the end of this year and an additional percentage point cut in 2025. This decision will lower borrowing costs for consumers and businesses. The Fed is confident that inflation is moving towards it…

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