Federal Reserve Cuts Interest Rates By 25 Basis Points

The Federal Reserve cut its benchmark interest rate by 25 basis points to 3.50%–3.75% to support maximum employment and curb somewhat elevated inflation amid moderate economic growth and slowing jo...

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Federal Reserve Cuts Interest Rates By 25 Basis Points

Source: Bitcoin Magazine

The Federal Reserve cut its benchmark interest rate by 25 basis points to 3.50%–3.75% to support maximum employment and curb somewhat elevated inflation amid moderate economic growth and slowing job gains.