Message in the Fed Reserve rate cut
Sep 19, 2024 8:46 PM IST
The Fed cut interest rates by 0.5%, signaling focus on the labor market over inflation, with projections for further easing by 2026, impacting global economies.
FILE PHOTO: Federal Reserve Board Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., September 18, 2024. REUTERS/Tom Brenner/File Photo (REUTERS)
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