Federal Reserve cuts its key interest rate by a quarter-point

The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of still-elevated inflation. Read more: https://bit.ly/41JGaj1

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Author: Associated Press
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News post in December 19, 2024, 12:05 am.

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