Federal Reserve Cuts Rates By Half a Point and Signals Era of Easing Has Begun
The Federal Reserve cut its benchmark interest rate by half a percentage point [non-paywalled source] on Wednesday and signalled more reductions would follow, launching its first easing cycle since the onset of the pandemic. Financial Times: The US central bank's first cut in more than four years le...
18 Sep 02:04 · news.slashdot.org