Post #9651

The Fed announces quarter-point interest rate cut. What it means for you: live updates The Federal Reserve cut interest rates by 0.25% on Sept. 17, its first reduction since 2024, lowering the benchmark range to 4%–4.25%. Officials signaled the possibility of two more cuts this year, citing slowing job growth and a weakening labor market despite still-elevated inflation. New Fed Governor Stephen Miran dissented, favoring a larger 0.5% cut. This was Miran’s first meeting and came amid legal challenges involving Fed Governor Lisa Cook. Fed Chair Jerome Powell is set to give a press briefing. ❤️Follow❤️: @america#americanews ➖➖➖➖➖➖➖➖➖➖➖➖ 🆕 Crypto News @Money 😁 Crypto Game @Egame 🇺🇸 US News @America 🇯🇵 Japan News @Japan 🇦🇪 UAE News @Dubai ▶️ Popular Movies @Videos 😜 Best Funny Video @Funnys