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Federal Reserve Cuts Interest Rates for First Time in 4 Years

Federal Reserve Cuts Interest Rates for First Time in 4 Years

by Jacob Musselman | Sep 18, 2024 | Industry News

The Federal Reserve cut interest rates by half a percentage point on Wednesday, in the hopes it will ease inflation, lowering interest rates to the 4.75% to 5% range. Lawmakers on the committee have gained confidence that inflation is moving sustainably toward 2% and...

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