Fed Cuts Interest Rates by Half Point, Signals Two Additional Cuts This Year
Thursday, September 19th, 2024
The Federal Reserve slashed interest rates by a half percentage point Wednesday and charted a course for two additional cuts this year followed by four more in 2025.
The action marks the Fed’s first easing of monetary policy since 2020 and the termination of its most aggressive inflation-fighting campaign since the 1980s.
Read more at Yahoo!Finance.
