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Us Fed Rate Cuts 2024 Tacoma . The move would mark a major milestone both for. The federal reserve (fed) cut interest rates for the first time in over four years, moving its benchmark rate 0.50% lower to support the labor market, while working toward its.
In the face of slowing inflation and strong consumer spending, the federal reserve announced that it will keep the interest rate steady, holding the benchmark borrowing. The federal reserve will lower interest rates by 25 basis points at each of the u.s.
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