Tag: #InterestRates

Fed Cuts Rates by Half Point in Decisive Bid to Defend Economy

On September 18, 2024, the Federal Reserve made headlines by lowering its benchmark interest rate by half a percentage point, a bold move aimed at stabilizing the United States labor market amidst mixed economic signals. The decision, grounded in an intense two-day meeting, reflects a broader strategy to maintain economic strength while curbing inflation rates. […]

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