Federal Reserve cuts key rate by sizable half-point, signaling end to its inflation fight

WPXI Pittsburgh - 18 september 2024

Federal Reserve cuts key rate by sizable half-point, signaling end to its inflation fight

The rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the job market, which has shown clear signs of slowing. Coming just weeks before the presidential election, the Fed’s move also has the potential to scramble the econo…

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