• US goes big with first interest rate cut in four years | Daily FT

    Source: Buzz FX / 20 Sep 2024 16:55:20   America/New_York


    BBC: 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%.
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