Federal Reserve signals end to inflation fight with substantial half-point rate cut
WASHINGTON—The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfully expensive for American consumers. The rate cut, the Fed’s first in more than four years,…
Federal Reserve cuts key rate by sizable half-point, signaling end to its inflation fight
The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfully expensive for American consumers. The rate cut, the Fed’s first in more than four years,…
US Federal Reserve cuts key rate by sizable half-point, signaling end to its inflation fight
Dramatic shift comes after more than two years of high rates helped tame inflation but that also made borrowing painfully expensive for American consumers
Federal Reserve cuts interest rate by sizable amount, signaling end to its inflation fight
The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame inflation but that also made ...
Federal Reserve cuts interest rate by 50 basis points, signalling end to inflation fight
WASHINGTON — The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame inflation but that also made borrowing painfully expensive for American consumers.
last updated on 19 Sep 14:17