After a lengthy pause, the Federal Reserve on Sept. 17 announced a quarter percentage point cut to its benchmark interest rate. Economists say it is likely the first in a series of reductions that ...
The Federal Reserve Open Market Committee on Wednesday decided to cut the central bank’s key overnight lending rate by a quarter of a percentage point, its first cut in nine months. Given the Fed’s ...
After nine months of holding its key interest rate steady, the Federal Reserve is widely expected to announce a rate cut after its two-day September meeting. The central bank’s decision, to be ...
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