The Fed's interest-rate cut put Trump
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- About 4.9 percentThe Fed’s decision lowers rates to about 4.9 percent, down from a more than two-decade high. Fed officials lowered interest rates because they are confident that inflation is coming back down to their 2 percent goal, and now they want to prevent the job market from softening further.www.nytimes.com/live/2024/09/18/business/fed-interest-rates
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The Fed just announced a jumbo-sized interest rate cut
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WEB3 days ago · Updated 3:35 AM PDT, September 18, 2024. WASHINGTON (AP) — Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four years: Cut its …
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