World Newspapers: Fed Goes Big with Half-Point Rate Cut
World Newspapers: Fed Goes Big with Half-Point Rate Cut
The US central bank has lowered interest rates for the first time in more than four years with a bigger than usual cut. The Federal Reserve reduced the target for its key lending rate by 0.5 percentage points, to the range of 4.75%-5%. 206
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2024-09-20 10:19:52
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The US central bank has lowered interest rates for the first time in more than four years with a bigger than usual cut. The Federal Reserve reduced the target for its key lending rate by 0.5 percentage points, to the range of 4.75%-5%. 206
...
