Federal Reserve Chooses Larger Interest Rate Cut (Newser Breaking News)

What you need to know, as soon as we know it.                          -------------------------------------------------------------------------------------------------------------

September 18, 2024   Happening Now Federal Reserve Chooses Larger Interest Rate Cut The Federal Reserve, as had been almost universally expected, cut its key interest rate from a 23-year-high on Wednesday, dropping it by 0.5% in what is likely to be the first in a series of cuts. There had been a lot of speculation over whether the Fed would opt for a quarter-point cut or a half-point cut. Keep reading   Most Read in the Last 24 Hours   Manage your subscriptions  |  Unsubscribe from Newser emails  |  Privacy Policy We'd love to hear from you. Send us a note at feedback@newser.com. Read our stories on MSN. Newser, LLC  |  1395 Brickell Avenue  |  Suite 800  |  Miami, Florida  |  33131 © 2024 Newser, LLC. All rights reserved