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

On Wednesday, 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. #shorts #FederalReserve #inflation #economy

Author: Associated Press
Go to Source

News post in September 19, 2024, 12:05 am.

Visit Our Sponsor’s:
News Post In – News

Renegade_Rcih
Greetings I'm Renegade Rich, I own lots of websites and domain names. one of my favorite news type of sites are news sites. So I own lots of news sites and news domain names. My lates is https://news.post.in 😁