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Federal Reserve Cuts Interest Rates for the First Time in Four Years

new video loaded: Federal Reserve Cuts Interest Rates for the First Time in Four Years

By The New York TimesSeptember 18, 2024

Jerome H. Powell, the Fed chair, said that the central bank would take future interest rate cuts “meeting by meeting” after lowering rates by a half percentage point, an unusually large move.

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Source: Economy - nytimes.com


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