• Federal Reserve slashes rates by 50 basis points, first rate cut in four years

  • Sep 19 2024
  • Length: 5 mins
  • Podcast

Federal Reserve slashes rates by 50 basis points, first rate cut in four years

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  • Summary

  • The U.S. Federal Reserve has slashed interest rates by 50 basis points amid cooling inflation and a weakening labor market.
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