‘In a good place’: Federal Reserve cuts key rate by half-point, shifts focus from inflation to jobs

Boston Herald - 18 Eylül 2024

‘In a good place’: Federal Reserve cuts key rate by half-point, shifts focus from inflation to jobs

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

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