The Federal Reserve Cut Interest Rates For The First Time In 4...

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2024-09-21 23:00:51 -

https://thewashingtonstandard.com/the-federal-reserve-cut-interest-rates-for-the-first-time-in-4-years/

The Federal Reserve Cut Interest Rates For The First Time In 4 YEARS - The Washington Standard

The United States central bank, the Federal Reserve, kicked off an anticipated series of interest rate cuts on Wednesday. The cut was said to be a larger-than-usual half-percentage-point reduction that Federal Reserve Chair Jerome Powell said was meant to show policymakers’ commitment to sustaining a low unemployment rate now that inflation has ...

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