US central bank lowers interest rates by quarter point as new Trump term looms

Biztoc.com - November 7, 2024

US central bank lowers interest rates by quarter point as new Trump term looms

Rates are now at 4.5% to 4.75%, after two reductions by the Federal Reserve starting in September The US Federal Reserve lowered interest rates by a quarter point on Thursday, knocking them down for the second time in a row as inflation continues to ease and …

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