US Fed cuts rates by half percentage point - Semafor

The cut follows the lead of other major economies and could set other world central banks up to move.

By: Semafor.com

Sep 20 2024
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The US Federal Reserve slashed interest rates by half of a percentage point on Wednesday, signaling that the central bank wanted to act more boldly to keep the labor market from slowing too much. Rec… [+958 chars]

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