The Federal Reserve Cut Interest Rates For The First Time In 4 YEARS

by | Sep 19, 2024 | Member Exclusive | 1 comment

The United States central bank, the Federal Reserve, kicked off an anticipated series of interest rate cuts on Wednesday. The cut was said to be a larger-than-usual half-percentage-point reduction that Federal Reserve Chair Jerome Powell said was meant to show policymakers' commitment to sustaining a low unemployment rate now that inflation has eased.
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    1 Comment

    1. If they judged inflation the way they did in Carter’s day it would be probably double digits!

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