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The Federal Reserve cuts interest rates by 50 basis points, starting a rate-cutting cycle

2024-09-19 02:02:12

ChainCatcher news, according to Jinshi reports, the Federal Reserve has begun a rate cut cycle, lowering the federal funds rate by 50 basis points to 4.75%-5.00%, marking the first rate cut since March 2020.

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Federal Reserve interest rate cut

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Federal Reserve interest rate cut

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