Fed goes big with interest rate cut in a bid to head off an economic slowdown (Rob Wile/NBC News)

Memeorandum.com - 18 september 2024

Fed goes big with interest rate cut in a bid to head off an economic slowdown (Rob Wile/NBC News)

Rob Wile / NBC News: Fed goes big with interest rate cut in a bid to head off an economic slowdown — The Federal Reserve uses its federal funds rate, which serves as a benchmark for interest rates in the rest of the economy, as its main tool for regulating …

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