Federal Reserve signals end to inflation fight with a sizable halfpoint rate cut
Sep 18, 2024
The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfully expensive for consumers. The rate cut, the…
https://gazette.com/ap/politics/federal-reserve-signals-end-to-inflation-fight-with-a-sizable-half-point-rate-cut/article_80de0e5c-96c0-5ef4-b54e-34c1ae6dcbc5.html
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