Fed Interest Rate Cut 2024 News. It’s a pivotal week for the us economy, with the federal reserve expected to cut interest rates for the first time since 2020. The federal reserve said wednesday it was lowering its key interest rate by half a.
The federal reserve slashed interest rates aggressively wednesday, announcing the first rate cut since march 2020. The federal reserve made a 0.50 percentage point cut, double the typical reduction.
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