The US central bank has announced its first interest rate cut in more than four years, lowering rates by 50 basis points.
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The Federal Reserve cut a key interest rate Wednesday for the first time in more than four years of inflation fighting, reducing its benchmark rate by half a percentage point in a sign that the central bank is now more focused on a weakening job market than on high prices.
The US central bank has announced its first interest rate cut in more than four years, lowering rates by 50 basis points.
The Federal Reserve has cut interest rates by a bigger-than-expected 0.5 percentage points in its first reduction in more than four years.
WASHINGTON (AP) — The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more...
WASHINGTON (AP) — The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more...
WASHINGTON (AP) — The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more...
WASHINGTON (AP) — The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more...
WASHINGTON (AP) — The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more...
WASHINGTON (AP) — The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more...
WASHINGTON (AP) — The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more...
WASHINGTON—The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two...