Wednesday, December 18, 2024

Fed Announces 3rd Rate Cut of the Year (Newser Breaking News)

Newser Newsletter
December 18, 2024
 
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Fed Announces 3rd Rate Cut of the Year
The Federal Reserve announced its third interest rate cut of the year on Wednesday. The quarter-point cut, which follows a plus-sized half-point cut in September and a quarter-point cut last month, brings the Fed's benchmark rate from about 4.6% to roughly 4.3%, the AP reports. Keep reading
 
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