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Fed expected to cut rates for the first time in 4 years

DeFi Daily News by DeFi Daily News
September 16, 2024
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All eyes are on the Federal Reserve this week as it is expected to initiate an interest rate cut for the first time in four years. At its long-awaited September meeting, the central bank will chart the course ahead for easing rates over the next two years. Yahoo Finance Senior Reporter Jennifer Schonberger breaks down the Fed’s most aggressive fight against inflation since the 1980s and the potential rate cut path that lies ahead. Read more about the Fed’s rate cut strategy here.
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Tags: BondsbusinessCurrenciescutEquitiesexpectedfedFXInvestingInvestmentMarketMarketsMoneyNewsNYSEPersonal FinancePoliticsratesSavingsStock marketstocksTimeYahoo FinanceYahoo FInance PremiumYears
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