Us Fed Rate Cut 2024 News . Federal reserve delivers cut of 50 basis points; Federal reserve officials agree that wednesday’s rate cut is unlikely to be their last.
The fed’s upcoming decision to cut interest rates is a sign that officials feel “confident” enough that price pressures are coming under control. The federal reserve handed down a large interest rate cut this week, dialing back the central bank’s fight against inflation and signaling welcome relief for borrowers.
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