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The #FederalReserve lowered its benchmark #interestrate by a half percentage point Wednesday, an aggressive start to a policy shift aimed at bolstering the US labor market. #Fed Chair #Powell said that no one should look at a 50 basis point cut as the new pace after the central #bank made its first cut in four years. #economy #inflation #US #money #finance
Duration: 56 sPosted : Wed, 18 Sep 2024 20:00:19Views
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