Winners And Losers From The Fed’s Interest Rate Decision
The Federal Reserve just cut interest rates by 50 basis points, citing cooling inflation and signs of economic slowdown. This is the first time rates have been adjusted since July 2023, which ended a long streak of raising rates to tame inflation.
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Emboldened Fed lowers interest rates by half-pointAlthough Biden administration officials initially waived off the increase as “transitory,” prices kept rising, and November ...
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