US Fed slashes interest rates by 50 bps for the first time since 2020

  • Posted on September 18, 2024
  • By Business News Today
  • 3 Views
US Fed slashes interest rates by 50 bps for the first time since 2020

Fed rate cut live: The Fed's benchmark policy rate has been held in the current 5.25%-5.50% range for 14 months.
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