Fed announces first rate cut in nine months, signals more reductions to come | CNN Business
Fed announces first rate cut in nine months, signals more reductions to come | CNN Business
7 months ago
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Federal Reserve interest rate cut: December 2024 -- how much and what's next for the economy
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BREAKING: The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its third interest rate cut this year in an effort to revive a sluggish labor market. The reduction of interest rates could deliver some relief for mortgage and credit card borrowers. https://abcnews.link/9ByK5Tk | ABC News
1:02
BREAKING: The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its third interest rate cut this year in an effort to revive a sluggish labor market. The reduction of interest rates could deliver some relief for mortgage and credit card borrowers. https://abcnews.link/9ByK5Tk | ABC News
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