Fed cuts interest rates by a half point, signaling end to its inflation fight

Biztoc.com - 18 septembrie 2024

Fed cuts interest rates by a half point, signaling end to its inflation fight

The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame inflation but that also made borrowing painfully expensive for American consumers. The rate…

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