Interest Rate Cuts 2024

Interest Rate Cuts 2024

Interest Rate Cuts 2024. In the face of slowing inflation and strong consumer spending, the federal reserve announced that it will keep the interest rate steady, holding the benchmark borrowing. The federal reserve cut interest rates on wednesday by half a percentage point.


Interest Rate Cuts 2024

Economy stands on the brink of change. The cut, which had been predicted by analysts, brought the interest rate down by a quarter of a percentage point to 4%.

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